Category Archives: Data Protection Regulation

Auto Added by WPeMatico

Apple Bows to Public Pressure over Crypto-Unfriendly Apps

Apple has made a number of store revisions in order to loosen its guidelines for crypto apps, reports Investing.com. A group known as the Developers Union had recently made requests to Apple to allow every app on the platform to free trials before July 2019, among suggestions for other improvements.

The union is an unofficial body which says that its aim is to “bring developers and supporters together for better App Stores for all”. It currently only has 400 members but hopes to stretch its membership to 20,000 this month according to The Register.

It appears that the IT multinational has been listening given its recent announcements, also noting how its apps are currently:

“Changing the world, enriching people’s lives, and enabling developers to innovate like never before. As a result, the App Store has grown into an ecosystem for millions of developers and more than a billion users.”

Telegram backer and self-proclaimed “global entrepreneur” Pavel Durov has blamed a lack of updates to his app on Apple “not siding with us” in the ongoing furore in Russia over the crypto-chat platform. He was forced to apologize to his customers due to features of the latest iOS 11.4 not working, alleging that Apple had prevented updates to Telegram. He has also blamed Apple for Telegram being unable to comply with the General Data Protection Regulation due to the alleged block on updates.

Apple’s latest announcement regarding cryptocurrency states: “Apps may facilitate transactions or transmissions of cryptocurrency on an approved exchange, provided they are offered by the exchange itself. Cryptocurrency Apps may not offer currency for completing tasks, such as downloading other Apps, encouraging other users to download, posting to social networks, etc.”

This is a significant move from Apple’s position five years ago when the IT giant reportedly asked companies to remove cryptos from their apps. Regarding ICOs, Apple says that apps must facilitate transactions from established banks, securities firms, futures commission merchants and other approved financial institutions.

Apple specifies that apps can’t mine for cryptos “unless the processing is performed off device (e.g. cloud-based mining)”.

 

Follow BitcoinNews.com on Twitter at https://twitter.com/bitcoinnewscom

Telegram Alerts from BitcoinNews.com at https://t.me/bconews

The post Apple Bows to Public Pressure over Crypto-Unfriendly Apps appeared first on BitcoinNews.com.