#AppleCryptoUpdate Apple's recent actions have stirred the crypto community. In India, Apple removed major crypto exchange apps like Binance, KuCoin, and OKX from its App Store following show-cause notices from the Financial Intelligence Unit for non-compliance with money laundering laws .
Globally, Apple's updated App Store guidelines now permit NFT-related services, such as minting and listing, but mandate the use of in-app purchases, disallowing external payment links . This policy, coupled with the continued enforcement of the 30% App Store commission, has raised concerns among developers about the viability of crypto and NFT apps on iOS .
Despite these restrictions, Apple has shown openness to blockchain technologies, allowing apps that facilitate cryptocurrency transactions, provided they operate in regions where they have appropriate licensing .