#AppleCryptoUpdate Apple's latest update to the Wallet app enables users to store, send, and receive major cryptocurrencies directly from their iPhones. This integration transforms the iPhone into a comprehensive digital wallet, eliminating the need for third-party applications and simplifying the user experience .
Expanded App Store Guidelines for Crypto and NFTs
In a move welcomed by the crypto community, Apple has revised its U.S. App Store guidelines to allow apps to link to external payment systems. This change eases previous restrictions on crypto app payments and NFT transactions, potentially fostering greater innovation and adoption within the ecosystem .
Legal Developments Influencing Apple's Crypto Policies
A recent U.S. federal court ruling mandates that Apple permit cryptocurrency payments and NFT functionalities within iOS apps. This decision, stemming from Apple's legal battle with Epic Games, prohibits the company from restricting external payment systems or imposing its standard 30% commission on such transactions .
Implications for Users and Developers
These developments signal Apple's acknowledgment of the growing importance of digital currencies and blockchain technology. For users, this means more seamless and integrated crypto experiences on iOS devices. For developers, the relaxed guidelines open up new opportunities to innovate and offer crypto-related servic
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