Have you ever come across the fact that in-app purchases at Apple require additional fees, and links to external resources don't always work as you would like? For many developers of crypto applications, this was a real problem. However, the situation has changed: The court found Apple's actions to be anti-competitive, and now the company is obliged to relax its rules for applications related to cryptocurrency. This decision has huge implications for the entire crypto industry.
So what happened?
The U.S. District Court recently issued a ruling stating that Apple violated an injunction regarding the antitrust case against Epic Games. In 2021, an injunction was passed that restricted Apple from setting anti-competitive conditions. The court found that Apple intentionally violated this ban by creating unfair conditions for competitors and forcing developers to pay high fees for transactions within applications.
How does this affect crypto applications?
Apple is now obligated to make changes that will take effect immediately. This means that Apple can no longer block or restrict the ability of developers to direct users to third-party payment systems. For example, crypto applications can link to external resources, such as NFT collections, and direct users to make purchases outside the Apple ecosystem without having to obtain permission and without paying a commission.
These changes are really important for the crypto industry. For example, now crypto applications can freely point to external resources related to cryptocurrencies and blockchain, which was previously impossible or severely limited. This gives new crypto applications a chance to develop, especially in the field of mobile games and NFT trading.
It is noteworthy that after this court decision, some representatives of the crypto community expressed their joy. Michael, one of the commentators, noted that this opens up great opportunities for mobile crypto games. But, despite all the advantages, it is impossible not to notice that the language of Apple itself in this matter turned out to be quite harsh. For example, Ariel Michaeli, co-founder of Appfigures, noted that the company's tone may seem "passive-aggressive" and not too cheerful.
But in any case, this decision is important not only for crypto applications, but also for the entire industry. Apple will finally have to work with competitors and treat developers more fairly without putting additional obstacles in their way.
So, how much do you think this will affect the cryptocurrency market as a whole?