#AppleCryptoUpdate

Apple has recently implemented significant changes to its App Store policies, particularly affecting cryptocurrency and NFT applications, following a U.S. federal court ruling. 

⸻

🔑 Key Developments

1. Court Ruling Alters App Store Policies

A U.S. District Court found Apple in violation of a 2021 injunction related to its App Store practices. The court mandated that Apple must allow app developers to direct users to external payment methods without imposing additional fees or restrictions. This decision is especially impactful for crypto and NFT applications, which previously faced limitations under Apple’s in-app purchase system.   

2. Updated App Store Guidelines

In response to the ruling, Apple updated its App Store guidelines, permitting U.S. developers to:

• Include external links for payments, including those involving cryptocurrencies.

• Enable browsing and purchasing of NFTs directly within apps.

These changes are expected to facilitate greater integration of crypto functionalities in iOS applications.  

3. Impact on Developers and Users

The policy shift allows developers to bypass Apple’s traditional 30% commission on in-app purchases, potentially leading to lower costs for users and increased revenue for developers. Crypto applications can now offer more seamless experiences, integrating features like direct NFT purchases and external crypto payments without additional hurdles.  

4. Third-Party Integrations and Future Outlook

While Apple has not announced direct investments in cryptocurrencies, third-party platforms are expanding crypto functionalities within Apple’s ecosystem. For instance, fintech platform Mesh has integrated with Apple Pay, enabling merchants to accept stablecoin payments. These developments suggest a gradual opening of Apple’s platforms to digital assets, influenced by external partnerships and regulatory changes.