Apple softens crypto app rules, 'hugely bullish' for crypto industry
Apple has revised its rules regarding cryptocurrency applications in response to a recent U.S. district court ruling that found it in violation of a previous injunction from its antitrust case against Epic Games. The ruling allows crypto app developers to direct users to make purchases outside of Apple's ecosystem without facing additional fees, significantly benefiting the crypto industry. According to the judge, Apple can no longer impose commissions or restrictions on such transactions, which has been seen as a major win for developers and users alike. Following the ruling, industry commentators expressed optimism regarding mobile crypto applications and games, suggesting this change could lead to an increase in innovation and user engagement. Epic Games' CEO also hinted at a potential return of Fortnite to the App Store if Apple adopts this new framework globally, indicating broader implications for the gaming and crypto sectors as well.
Source 🔗