Apple lifts cryptocurrency restrictions, bringing new opportunities to the market!
Apple has officially lifted restrictions on Bitcoin and other cryptocurrency purchases in iOS apps, providing a boost to the crypto market. A U.S. judge ruled that Apple violated a 2021 order by prohibiting developers from using built-in payment systems or charging up to a 30% 'Apple tax.' This change will lower development costs and promote the expansion of crypto applications.
In the future, developers can legally guide users to third-party payment platforms, reducing transaction fees and enhancing the convenience of cryptocurrency and NFT transactions. The judge criticized Apple's actions as anti-competitive and emphasized that this is a ban rather than negotiations.
Although Apple plans to appeal, the order is already in effect, allowing developers to place external links and guide users to use other payment methods, which is expected to drive up the price of Bitcoin and stimulate market growth.
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