Apple loosens rules for crypto apps

Apple loosens rules for crypto apps


Apple must allow external payment methods in the App Store because of a court ruling. The crypto industry celebrates the new freedom.

Apple now has to break up its strict crypto rules. (Symbol image) – keystone

Apple was long considered a bulwark against crypto apps. Strict guidelines prevented the developer users on external payment services could forward.

A US district court has now decided that the tech group has to give up this practice. This stated: Apple had “deliberately violated the judicial decision from 2021”, which the company obliged to do more competition.

From now on Developer users may external Leading payment systems without Apple being allowed to request commissions, as reports “BTC-Echo”.

How the industry reacts to the judgment against Apple

The crypto industry celebrates the judgment as a milestone. Developers can now equip crypto apps with payment functions without fearing Apple's fee structure.

Apple Pay
Apple loses its control over crypto payments. – Sebastian Kahnert/dpa

The Targeted emphasized that Apple should “not raise or prescribe any new commissions for purchases outside of apps”, as “CoinTelegraph” reports.

Decision ends monopoly for years

So far, developers have had to For transactions in iOS apps Dissolate up to 30 percent to Apple. External payment routes were blocked.

This practice is now prohibited. The decision came after a long legal dispute with Epic Games, in which Apple was reprimanded due to behavior contrary to competitive behavior.

“It Boltwise” emphasizes that the crypto industry classifies the new possibilities as optimistic for mobile crypto apps and games. However, loosening does not apply to all areas.

Which areas are excluded

In-app purchases such as premium content or additional functions in games are still affected by the old rules.

Do you already have cryptocurrencies?

Nevertheless, experts see a turning point for crypto use on mobile devices, as reports “Crypto Insiders”.

New freedoms for developers and users

The new rules open up more scope. You can now offer services at more competitive prices and are less dependent on the Tech Group's ecosystem.

Digital players see one step towards a fairer market, as “Coinaute” reports. The possibility of referring users directly to external payment systems could significantly improve the monetization of crypto apps.

More acceptance for cryptos expected

NFT platforms also benefit from the decision. So far, NFTS have been allowed in iOS-Apps only displayed but not traded.

apple
Apple remains on the course of the confrontation. – Depositphotos

With the new freedoms, NFT marketplaces could expand their offers in the future. Industry experts expect this to have a positive effect on the acceptance of cryptocurrencies.

Apple continues to react strictly

However, Apple remains hard in parts. Crypto apps may still not offer any rewards in the form of cryptocurrencies.

You should also not carry out initial coin offerings (ICOS) and do not enable mining on the devices. The group has already announced an appeal against the judgment.

The changes only apply in the United States, but could serve as a precedent for other markets.

(Tagstotranslate) Apple



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Jayd Johnson

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