#AppleCryptoUpdate

Apple has recently updated its App Store guidelines to allow developers to direct users to external purchasing methods, including cryptocurrency payments, for digital goods and services. This change follows a court ruling that required Apple to permit developers to communicate alternative payment options to users.

*Key Changes:*

- *External Payment Links*: Developers can now link to external websites for purchases, bypassing Apple's in-app payment system.

- *Cryptocurrency Payments*: Apps can accept cryptocurrencies like Bitcoin and Ethereum for digital goods and services.

- *NFT Marketplaces*: NFT marketplaces can now link to external platforms for purchases, expanding their reach.

- *Reduced Commission*: By allowing external links, Apple is no longer taking a 30% commission on these transactions.

*Impact on Developers and Users:*

- *Increased Flexibility*: Developers can now choose alternative payment methods, potentially reducing fees.

- *More Freedom*: Users can access a broader range of payment options, including cryptocurrencies.

- *Growing Adoption*: This move is expected to accelerate mainstream crypto adoption and benefit the Web3 ecosystem.

*Apple's Stance:*

- *Compliance*: Apple still requires developers to follow guidelines and ensure user safety and security.

- *Approved Blockchains*: Only approved blockchains will be allowed for cryptocurrency transactions.

- *KYC/AML Compliance*: Developers must comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations ¹.