#AppleCryptoUpdate
‘This Is Big’—Apple Just Quietly Confirmed A ‘Huge’ Bitcoin And Crypto Price Game-Changer
Apple said it intends to appeal the order, which is currently only in force in the United States.
Following the ruling, Apple emailed iOS developers, telling them "apps on the U.S. storefront are [no longer] prohibited from including buttons, external links, or other calls to action when allowing users to browse [crypto-based non-fungible token] NFT collections owned by others.”
“The prohibition on encouraging users to use a purchasing method other than in-app purchase does not apply on the U.S. storefront,” the email added.
Crypto developers have cheered the update, with some predicting it will help spur a bitcoin price and wider crypto market boom.
The loosened restrictions could trigger a “generational golden consumer crypto bull run,” Wojciech Kulikowski, a software engineer at Farcaster, wrote on the decentralized media protocol, adding in comments to Decrypt that it ”will allow for more experimentation with crypto-native mobile apps that were previously often blocked from Apple [iOS] App Store."
“Apps can accept crypto payments rather than routing through the Apple app store (with a 30% fee)," one pseudonymous crypto software developer posted to X. "This is huge for integration with mobile wallets where users can spend their crypto directly (USDC, ETH, SOL, etc) without having to pay extra fees.”
