#AppleCryptoUpdate
Apple has recently made significant changes to its App Store policies, particularly affecting cryptocurrency and NFT applications. Here's an overview of the latest developments:
š± Apple Eases Restrictions on Crypto and NFT Apps
Following a recent U.S. federal court ruling, Apple has updated its App Store guidelines to allow developers more flexibility:
External Payment Links: Developers can now include links within their apps directing users to external websites for purchases, including cryptocurrencies and NFTs, without being subjected to Apple's standard commission fees.
NFT Transactions: Apps are permitted to facilitate NFT purchases directly, enhancing user experience by eliminating the need to navigate away from the app.
These changes are expected to benefit crypto-focused applications, enabling platforms like Coinbase Wallet and Magic Eden to offer more integrated services on iOS devices.
š¤ Apple Partners with Mesh for Crypto Payments
In a strategic move to embrace digital currencies, Apple has partnered with Mesh to integrate cryptocurrency payment options into Apple Pay. This collaboration aims to streamline crypto transactions for users within Apple's ecosystem.
š Apple's Financial Performance
As of the latest trading session, Apple's stock (AAPL) is priced at $205.35, reflecting a slight decrease of 3.78%. The company maintains a robust market capitalization of approximately $3.28 trillion.
