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Apple has recently updated its App Store guidelines to allow developers to integrate external payment links and crypto payments, following a US federal judge's ruling. This change enables developers to bypass Apple's in-app purchase system, avoiding the 30% commission fee. *Key Updates:* - *Crypto Payments*: Developers can now include direct crypto payments and NFT features in their iOS apps, using digital assets like USDC, ETH, and SOL. - *External Payment Links*: Apps can link to external payment options, allowing users to make purchases outside of Apple's ecosystem without incurring commission fees. - *NFT Purchases*: iOS apps can now enable in-app NFT purchases, removing the need for redirects to external browsers.
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#AppleCryptoUpdate Apple has recently updated its App Store guidelines to allow developers to integrate external payment links and crypto payments, following a US federal judge's ruling. This change enables developers to bypass Apple's in-app purchase system, avoiding the 30% commission fee. *Key Updates:* - *Crypto Payments*: Developers can now include direct crypto payments and NFT features in their iOS apps, using digital assets like USDC, ETH, and SOL. - *External Payment Links*: Apps can link to external payment options, allowing users to make purchases outside of Apple's ecosystem without incurring commission fees. - *NFT Purchases*: iOS apps can now enable in-app NFT purchases, removing the need for redirects to external browsers.
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The Property (Digital Assets etc.) Bill is a proposed law in the UK that aims to clarify the legal status of digital assets, such as cryptocurrencies and non-fungible tokens (NFTs), as property. Here's what you need to know: Key Provisions - *Third Category of Property*: The bill establishes a third category of personal property, recognizing that digital assets don't fit into traditional categories of property, such as tangible objects or rights-based assets. - *Clarification on Digital Assets*: The bill confirms that digital assets like crypto-tokens, cryptocurrency, and NFTs can attract property rights, providing more clarity in cases involving digital holdings. - *No Automatic Property Rights*: The bill doesn't automatically grant property rights to specific digital assets; instead, it provides a framework for determining whether a particular asset qualifies ¹ ². Progress - *House of Lords*: The bill has passed the second reading in the House of Lords and is currently awaiting its third reading, scheduled for May 8, 2025. - *Special Public Bill Committee*: A Special Public Bill Committee took place on February 3, 2025, where the bill was reported with amendments ² ³. Similar Legislation - *Australia*: The Digital Assets (Market Regulation) Bill 2023 is a similar proposal in Australia, aiming to regulate digital asset exchanges, custody services, and stablecoin issuance. - *US*: The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act is a proposed law in the US that establishes a regulatory framework for payment stablecoins ⁴ ⁵.
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#DigitalAssetBill The Property (Digital Assets etc.) Bill is a proposed law in the UK that aims to clarify the legal status of digital assets, such as cryptocurrencies and non-fungible tokens (NFTs), as property. Here's what you need to know: Key Provisions - *Third Category of Property*: The bill establishes a third category of personal property, recognizing that digital assets don't fit into traditional categories of property, such as tangible objects or rights-based assets. - *Clarification on Digital Assets*: The bill confirms that digital assets like crypto-tokens, cryptocurrency, and NFTs can attract property rights, providing more clarity in cases involving digital holdings. - *No Automatic Property Rights*: The bill doesn't automatically grant property rights to specific digital assets; instead, it provides a framework for determining whether a particular asset qualifies ¹ ². Progress - *House of Lords*: The bill has passed the second reading in the House of Lords and is currently awaiting its third reading, scheduled for May 8, 2025. - *Special Public Bill Committee*: A Special Public Bill Committee took place on February 3, 2025, where the bill was reported with amendments ² ³. Similar Legislation - *Australia*: The Digital Assets (Market Regulation) Bill 2023 is a similar proposal in Australia, aiming to regulate digital asset exchanges, custody services, and stablecoin issuance. - *US*: The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act is a proposed law in the US that establishes a regulatory framework for payment stablecoins ⁴ ⁵.
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