#AppleCryptoUpdate Apple has recently made significant changes to its App Store policies, impacting crypto and Web3 app developers. Here's what's new:
Key Updates
- *External Payments Allowed*: Apple now permits developers to link to external websites for payments, bypassing its in-app payment system and 30% commission fee.
- *No Commission on External Transactions*: Developers can offer direct payments without Apple's commission, enhancing user experience and transparency.
- *Increased Freedom for Developers*: Crypto app developers can now innovate without facing unfair commissions or artificial barriers imposed by Apple's closed ecosystem.
Impact on Crypto Industry
- *Positive Signal for Crypto Adoption*: This shift is expected to accelerate the adoption of decentralized solutions and strengthen the competitiveness of the crypto sector.
- *New Opportunities for Web3 Services*: Users will be able to interact more freely with decentralized apps, and developers can expand their services without restrictions.
- *Potential Increase in Crypto App Developments*: The removal of restrictions is likely to lead to more innovative crypto apps on iOS devices ¹ ².
Notable Reactions
- *Epic Games' Response*: Tim Sweeney, CEO of Epic Games, announced that Fortnite will return to the US App Store in accordance with the new rules and proposed withdrawing current and future legal cases if Apple extends the commission-free system globally.
- *Industry Enthusiasm*: Crypto industry leaders and commentators have welcomed the news, describing it as "hugely positive" for games and crypto apps on mobile ² ³.