#AppleCryptoUpdate Apple has made significant changes to its App Store policies, allowing developers to integrate cryptocurrency payments and NFT features into their iOS apps. Here's what's new:
Key Updates
- *Crypto Payments*: Developers can now direct users to external payment options, bypassing Apple's 30% commission on in-app purchases.
- *NFT Features*: Apps can enable in-app NFT purchases and support direct payments using digital assets like USDC, ETH, and SOL.
- *External Linking*: Developers can include external links to purchase NFTs or other digital assets without needing Apple's entitlement ¹.
Impact on Developers
- *Increased Flexibility*: Developers can now design their own payment systems and link to external websites without Apple's restrictions.
- *New Revenue Streams*: By allowing direct crypto payments, developers can tap into new revenue streams and reduce transaction fees.
Industry Reaction
- *Crypto Community*: The update has been seen as a significant win for the crypto industry, with many enthusiasts calling it "hugely bullish" for mobile crypto games and apps.
- *Epic Games*: Epic Games CEO Tim Sweeney has praised the ruling, stating that it compels Apple to compete with alternative payment services rather than block them ².
