Apple has new App Store rules for NFTs and cryptocurrency – AppleInsider

Copyright © 2022, Quiller Media, Inc.
Contact Us | Privacy Policy
Cryptocurrency
AppleInsider may earn an affiliate commission on purchases made through links on our site.
Apple has announced updates to the App Store Review Guidelines, offering guidance for apps offering cryptocurrency and NFTs.

The company has remained relatively quiet on blockchain technologies such as cryptocurrency and non-fungible tokens, or NFTs, but the new guidelines should help developers by spelling out what they can and cannot do.

Specifically, the changes involve the rules surrounding in-app purchases, and the company clarifies that cryptocurrencies can’t be used as an alternative payment option.

Changes to 3.11 In-App Purchase

The text for the rule has been changed to include the following:

Apps may not use their own mechanisms to unlock content or functionality, such as license keys, augmented reality markers, QR codes, cryptocurrencies and cryptocurrency wallets, etc.

The rule change is no surprise, as Apple only allows alternative payment systems in certain countries.

An addition to the 3.11 rule is as follows:

Apps may use in-app purchase to sell and sell services related to non-fungible tokens (NFTs), such as minting, listing, and transferring. Apps may allow users to view their own NFTs, provided that NFT ownership does not unlock features or functionality within the app. Apps may allow users to browse NFT collections owned by others, provided that the apps may not include buttons, external links, or other calls to action that direct customers to purchasing mechanisms other than in-app purchase.

Finally, Apple has revised rule 3.1.5(iii) to include cryptocurrency exchanges. These companies let people buy and sell cryptocurrencies using traditional fiat currency.

Exchanges: Apps may facilitate transactions or transmissions of cryptocurrency on an approved exchange, provided they are offered only in countries or regions where the app has appropriate licensing and permissions to provide a cryptocurrency exchange.

Cryptocurrency exchanges, such as Coinbase and Binance, already exist on the App Store, but now developers have a little more guidance for their businesses.

The company has remained relatively quiet on blockchain technologies such as cryptocurrency and non-fungible tokens, or NFTs, but the new guidelines should help developers by spelling out what they can and cannot do.
Specifically, the changes involve the rules surrounding in-app purchases, and the company clarifies that cryptocurrencies can’t be used as an alternative payment option.
The text for the rule has been changed to include the following:
The rule change is no surprise, as Apple only allows alternative payment systems in certain countries.
An addition to the 3.11 rule is as follows:
Finally, Apple has revised rule 3.1.5(iii) to include cryptocurrency exchanges. These companies let people buy and sell cryptocurrencies using traditional fiat currency.
Cryptocurrency exchanges, such as Coinbase and Binance, already exist on the App Store, but now developers have a little more guidance for their businesses.

Caveat Emptor.
Apple CEO Tim Cook made an unexpected appearance at the U.S. Grand Prix on Sunday, waving the checkered flag at the finishing line in an unusually slow manner.
The Apple Watch Series 8 and Apple Watch Ultra are the company's newest wearable accessories, and these are the features that might tempt new buyers or Apple Watch Series 7 owners.
Apple is edging slightly ahead of Wall Street's expectations for the September quarter that includes the iPhone 14 launch, so analyst focus is already starting to shift to the crucial holiday quarter.

The redesigned entry-level iPad is closer to the iPad Air than ever. Here's how they compare.
Apple's 2022 update to the iPad Pro lineup introduces its newest Apple Silicon chip to its tablet range. Here's how the latest iPad Pro models compete against Apple's 2021 generation.
Microsoft's Surface Laptop 5 is a thin and powerful Windows notebook in the same market segment as Apple's MacBook Air. Here's how the two compare.
The Bose QuietComfort Earbuds II offer all of the comforts of noise-cancellation in a wireless package similar to the new AirPods Pro 2. Here's how the two flagship earbuds stack up.
Google's Pixel Watch is a brand new competitor to the market-leading Apple Watch. Here's how Google's new wearable fares against the Apple Watch Series 8.
Daily deals Oct. 25: $399 cellular Apple Watch Series 7, $500 off LG 49-inch curved monitor, more
Tim Cook calls on Apple's suppliers to decarbonize by 2030
Third-party MagSafe accessories are about to look a lot nicer
Early Black Friday Samsung TV deals: save up to $3,000 on The Frame, Neo 4K, 8K, OLED TVs
Apple's macOS Ventura is heavy with security enhancements & fixes
How to get the new iOS 16.1 and macOS updates if you were on the beta
Urban Armor Gear releases rugged cases for 10th-gen iPad
This week's best early Black Friday sales on Apple: save up to $600
Apple CEO Tim Cook made an unexpected appearance at the U.S. Grand Prix on Sunday, waving the checkered flag at the finishing line in an unusually slow manner.
The Apple Watch Series 8 and Apple Watch Ultra are the company's newest wearable accessories, and these are the features that might tempt new buyers or Apple Watch Series 7 owners.
Apple is edging slightly ahead of Wall Street's expectations for the September quarter that includes the iPhone 14 launch, so analyst focus is already starting to shift to the crucial holiday quarter.
There is much to like in macOS Ventura and many reasons to upgrade, but there are still some oddly rough edges and not all of the new features live up to promises.
The Apple Watch Series 8 and Apple Watch Ultra are the company's newest wearable accessories, and these are the features that might tempt new buyers or Apple Watch Series 7 owners.
Created in partnership with Apple, the new Level Lock+ is a shining example of a near-perfect smart lock with support for Apple Home Key and an entirely hidden design. Let's test it out.
There is an incredibly capable Camera and app on the all-new iPhone 14 Pro and iPhone 14 Pro Max. Here's how to get the best shots possible.
The Bose QuietComfort Earbuds II offer all of the comforts of noise-cancellation in a wireless package similar to the new AirPods Pro 2. Here's how the two flagship earbuds stack up.
Apple's first release of iPadOS 16, iPadOS 16.1, provides a flawed glimpse into the future of computing thanks to Stage Manager, but some hurdles will be difficult to overcome.
It's not often we find a product that isn't even worth the cost of the cardboard that the product is shipped in, but the iLive Truly Wireless Noise Canceling Earbuds fits that category.
Lofree's 1% Transparent Keyboard line boasts linear mechanical switches, built-in LED effects — and transparent keycaps.
Launched into a crowded field, Satechi's new Thunderbolt 4 Dock doesn't just provide legacy ports, but more Thunderbolt as well.
The Uplift L-Shaped Standing Desk offers an expansive workspace with quick-moving motorized legs and plenty of customization options.
AppleInsider is one of the few truly independent online publications left. If you love what we do, please consider a small donation to help us keep the lights on.
If you love AppleInsider and want to support independent publications, please consider a small donation.
Follow us on Social Media:
{{ title }}

source

Post expires at 12:31pm on Tuesday April 25th, 2023

Leave a Reply

Next Post

Sector Update: Financial Stocks Rise This Afternoon but Cryptocurrency Firms Fading Late - InvestorsObserver

Tue Oct 25 , 2022
Financial stocks were finishing near their intra-day highs this afternoon, with the NYSE Financial Index rising 1.1% while the SPDR Financial Select Sector ETF (XLF) was ahead 1.6%.The Philadelphia Housing Index was climbing 1.3% although the SPDR Real Estate Select Sector ETF (XLRE) was increasing just 0.2%.Bitcoin was declining 0.5% […]
%d bloggers like this: