#AppleCryptoUpdate
Apple has recently made significant changes to its App Store policies, marking a pivotal moment for the integration of cryptocurrencies and NFTs within iOS applications.Forbes+9Reddit+9Decrypt+9
🔓 Major Policy Changes
Following a U.S. federal court ruling, Apple is now required to allow app developers to:Reddit+1BeInCrypto+1
Integrate external payment systems, including those supporting cryptocurrencies, without incurring Apple's traditional 30% commission. BeInCrypto+2Reddit+2DL News+2
Include buttons or links directing users to external websites for purchases, facilitating transactions involving NFTs and other digital assets.
These changes stem from a legal dispute with Epic Games, where the court found Apple in violation of a 2021 injunction by continuing anti-competitive practices that discouraged off-app payments. Forbes+8BeInCrypto+8ZyCrypto+8
📱 Implications for the Crypto Industry
The easing of restrictions is seen as a significant boost for the crypto sector:
Developers can now create more seamless and integrated crypto experiences within iOS apps, potentially leading to increased adoption of decentralized applications (dApps) and NFT marketplaces.AInvest+6Binance+6Reddit+6
The removal of the "Apple tax" on external transactions may encourage more businesses to explore crypto-based payment models. ZyCrypto+3DL News+3Reddit+3
Industry commentators have described the move as "hugely bullish" for mobile crypto applications, anticipating a surge in innovation and user engagement