#AppleCryptoUpdate

#AppleCryptoUpdate

🔐 Apple’s Crypto & NFT Policies

Apple maintains a cautious stance on cryptocurrency within its ecosystem. While it allows apps to facilitate crypto transactions via approved exchanges (licensed in supported regions), it prohibits the use of crypto as direct payment for in-app purchases.

NFT-related apps may offer minting, listing, and transferring—but all transactions must use Apple’s in-app purchase system (subject to Apple’s 30% fee).

🧰 CryptoKit & Swift Crypto Updates

Apple’s cryptographic framework, CryptoKit, was recently updated along with Swift Crypto 3.0.0.

This version introduces new CryptoKitError cases and enhances key operations while maintaining backward compatibility.

Developers are encouraged to review code using CryptoKitError to avoid unexpected behavior.

⚠️ Security Alert: Malicious Apps Found

Researchers discovered malware-laden apps on the App Store, active since March 2024, that use OCR plugins to steal wallet recovery phrases.

This campaign, dubbed SparkCat, marks the first known instance of such attacks within the iOS ecosystem. Stay alert when using crypto-related apps.

📱 iPhone NFC Chip Access Expanded

Apple is opening access to the iPhone’s NFC chip for third-party developers.

This will allow apps to process crypto payments (including stablecoins like USDC) directly.

Users will even be able to set third-party wallets as their default tap-to-pay method—a major shift in Apple’s mobile payments landscape.