#AppleCryptoUpdate Apple modifies App Store policy to allow cryptocurrency transactions outside

According to PANews, Apple has updated its App Store policy to allow cryptocurrency-related app developers to direct users to external websites for transactions and payments. This change is seen as a significant turning point for the Bitcoin and cryptocurrency ecosystem. The policy adjustment follows Apple’s legal defeat in the Epic Games case, where the court ordered the removal of restrictions on 'external payment links.' Under the new policy, developers can guide users to external platforms to purchase NFTs or make payments with cryptocurrency, without being forced to use Apple’s internal payment system. Previously, such actions were subject to fees of up to 30% from Apple, which led to restrictions and even the removal of some cryptocurrency wallets and NFT apps.

Analysts believe that Apple’s concession could significantly enhance the availability of decentralized applications (DApps) within the iOS ecosystem, expanding their user base and boosting overall market acceptance rates. As native cryptocurrency applications gain more freedom, competition between US regulators and tech giants over Web3 infrastructure is expected to intensify.