#AppleCryptoUpdate 🍒🍒

Apple has made significant moves in the crypto space recently. Here are some key updates:🍒

- *Lifting of iOS Restrictions*: Apple has lifted its iOS restrictions that previously banned in-app purchases involving Bitcoin and other cryptocurrencies. This policy change now allows crypto payments and NFTs to be processed directly within apps on the Apple App Store.

- *No More 30% Apple Tax*: Crypto apps will no longer be required to pay the 30% Apple tax on in-app purchases, potentially enabling more aggressive marketing strategies for crypto-related applications.

- *Partnership with Coinbase*: Apple Pay has integrated with Coinbase, enabling users to purchase crypto seamlessly. Although it's currently a one-way street for fiat-to-crypto transactions, it signals a significant leap forward in crypto adoption.

- *Tap-to-Pay with USDC*: Apple has opened up access to its NFC payment chips, allowing iPhone users to make crypto payments using the USDC stablecoin by simply tapping their phones at points of sale. This feature is initially available in the US, UK, Japan, and Brazil.

- *Potential Impact*: These developments could have a substantial impact on the cryptocurrency ecosystem, potentially driving adoption and price surges. Major tech companies like Apple, Microsoft, and Amazon are positioning themselves for crypto dominance, which could reshape the market ¹ ² ³.