#AppleCryptoUpdate Apple has recently updated its App Store policies concerning cryptocurrency and non-fungible tokens (NFTs). The new guidelines permit apps to use in-app purchases for services related to NFTs, such as minting, listing, and transferring, provided that these services comply with regional licensing requirements. However, apps are prohibited from using cryptocurrencies or crypto wallets to unlock content or functionality within the app. Additionally, Apple has removed several offshore cryptocurrency exchange apps, including Binance, Kucoin, and OKX, from its App Store in India following a directive from the Ministry of Electronics and Information Technology (MeitY). These exchanges were found to be operating without compliance with India's anti-money laundering laws. Despite the removal from Apple's App Store, these apps remain accessible on Google's Play Store, and their websites continue to operate nationwide. (mint, Inc42 Media, The Times of India, BeInCrypto)
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