Currencies33181
Market Cap$ 3.09T-0.57%
24h Spot Volume$ 28.66B+11.1%
DominanceBTC61.27%+0.04%ETH7.13%+0.86%
ETH Gas0.40 Gwei
Cryptorank
MainNewsLegal Pushba...

Legal Pushback Ends Apple’s Grip on In-App Crypto Transactions


by Peter Mwangi
for CoinEdition
U.S. court rules Apple must allow crypto payment links in iOS apps
  • U.S. court orders Apple to permit fee-free crypto payment links in iOS apps
  • Developers can now link to NFT, DeFi, and external crypto services on iPhones
  • Judge bans Apple from blocking or auditing off-platform crypto transactions

A U.S. District Court decision now requires Apple to update its App Store rules, compelling the company to permit crypto and NFT app developers to link users to external payment options free of Apple’s fees. This was from an April 30th ruling where the court found Apple violated a 2021 injunction connected to its antitrust battle with Epic Games.

In the court filing, Judge Yvonne Gonzalez Rogers determined Apple intentionally violated the earlier injunction. The judge characterized Apple’s ongoing actions regarding external links and payments as anticompetitive and stated they would not be permitted to continue.

The ruling explicitly orders Apple to stop imposing commissions or fees on transactions completed outside its App Store payment system. The company is also prohibited from auditing or monitoring these external transactions. Developers now cannot be preven…

The post Legal Pushback Ends Apple’s Grip on In-App Crypto Transactions appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Justin Sun Shares Major Update on $500M TUSD Reserve Misappropriation: Calls Out ARIA-FDT Scam and Dubai Banks

Justin Sun Shares Major Update on $500M TUSD Reserve Misappropriation: Calls Out ARIA-FDT Scam and Dubai Banks

TRON founder Justin Sun has issued an update on what he describes as a “$500 million ...
UK Gets First Look at Google Wallet’s New ZKP-Powered Digital ID

UK Gets First Look at Google Wallet’s New ZKP-Powered Digital ID

Google has included zero-knowledge proof (ZKP) technology into its digital ID system,...
MainNewsLegal Pushba...

Legal Pushback Ends Apple’s Grip on In-App Crypto Transactions


by Peter Mwangi
for CoinEdition
U.S. court rules Apple must allow crypto payment links in iOS apps
  • U.S. court orders Apple to permit fee-free crypto payment links in iOS apps
  • Developers can now link to NFT, DeFi, and external crypto services on iPhones
  • Judge bans Apple from blocking or auditing off-platform crypto transactions

A U.S. District Court decision now requires Apple to update its App Store rules, compelling the company to permit crypto and NFT app developers to link users to external payment options free of Apple’s fees. This was from an April 30th ruling where the court found Apple violated a 2021 injunction connected to its antitrust battle with Epic Games.

In the court filing, Judge Yvonne Gonzalez Rogers determined Apple intentionally violated the earlier injunction. The judge characterized Apple’s ongoing actions regarding external links and payments as anticompetitive and stated they would not be permitted to continue.

The ruling explicitly orders Apple to stop imposing commissions or fees on transactions completed outside its App Store payment system. The company is also prohibited from auditing or monitoring these external transactions. Developers now cannot be preven…

The post Legal Pushback Ends Apple’s Grip on In-App Crypto Transactions appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Justin Sun Shares Major Update on $500M TUSD Reserve Misappropriation: Calls Out ARIA-FDT Scam and Dubai Banks

Justin Sun Shares Major Update on $500M TUSD Reserve Misappropriation: Calls Out ARIA-FDT Scam and Dubai Banks

TRON founder Justin Sun has issued an update on what he describes as a “$500 million ...
UK Gets First Look at Google Wallet’s New ZKP-Powered Digital ID

UK Gets First Look at Google Wallet’s New ZKP-Powered Digital ID

Google has included zero-knowledge proof (ZKP) technology into its digital ID system,...