Apple Unveils Stricter App Store Rules for Crypto and NFTs — Critic Says Firm...
According to Apple’s latest guidelines for developers seeking to have their apps included in the App Store, crypto exchange applications should only facilitate the transfer of crypto funds to approved exchanges. Where payments are needed to unlock features or functionality, Apple says apps may only “use in-app purchase currencies.” Only In-App Purchase Currencies May Be Used In its updated guidelines for apps in the Apple App Store unveiled on October 24, Apple Inc. said crypto exchange apps “may facilitate transactions or transmissions of cryptocurrency on an....
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Apple has published rules for NFTs for the first time while clarifying rules around cryptocurrency payments and crypto exchanges. Technology heavyweight Apple has clarified its App Store rules around nonfungible tokens (NFTs) and cryptocurrency exchanges marking the first time its codified specific rules for NFTs.The new rules confirm how NFT purchases will be taxed and what they can and can't be used for, while also clarifying rules around when a crypto exchange app can be listed. The Oct. 24 update to its App Store guidelines saw language added that allows fo in-app purchases of NFTs,....
Apple published rules for NFT for the first time which included a 30% NFT “tax” and geo-limit exchanges. In this week’s newsletter, read about how Apple released its first-ever set of rules for nonfungible tokens (NFTs), including a 30% “tax” and limits on how NFTs can be bought and exchanged. Check out how NFTs have the potential to change museum experiences in the future and how OpenSea revised its NFT rarity ranking protocol after feedback from the community. In other news, find out how NFTs are used to democratize scheduled TV programming in the era of Web3. Last but not least, NFT....
Apple has barred Gnosis Safe from applying an app update unless the firm provides access to NFTs as an in-app purchase. The Apple App Store reportedly blocked a Gnosis Safe crypto wallet app update due to it hosting NFTs that weren’t purchased inside the app. Lukas Schor —a product developer at Ethereum-based crypto wallet provider Gnosis Safe — revealed the firm ran into trouble when it submitted an updated version of its app to the IOS app store earlier this month. Schor noted on Sept. 14 that despite the update having nothing to do with non-fungibles, the App Store flagged a sample....
Apple is known to take advantage of it’s power positioning in the mobile software world. However, Apple has been quietly restrictive with limited public-facing perspective around blockchain-related technology including crypto and NFTs. The NFT momentum has changed that in recent months, despite a broad crypto bear market, and has led Apple to include policy changes […]
On the August 31, 2016, Anthony Di Iorio, CEO and Founder of Decentral and Jaxx, tweeted that Apple would only allow approved coins on their App Store. He described Apple’s decision as ‘mindboggling.’ The immediate impact that this has had is that Dash, which had just been introduced on the Jaxx wallet as early as August 2016 is now to be taken off for Apple users. It is pertinent to mention here that Jaxx holds a particular appeal to some users as it supports multiple currencies including ETH, BTC and Dash, at the time of the writing and it allows users to transact in these currencies....