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HomeTop NFT CollectionApple blocked Coinbase Wallet update on iOS for offering NFTs

Apple blocked Coinbase Wallet update on iOS for offering NFTs

Non-fungible tokens, also known as NFTs, are becoming increasingly popular. Still, Apple still doesn’t seem too open to the idea.

Coinbase Wallet removes the ability to send NFTs from its iOS app

and twitter threadCoinbase Wallet’s official account reported that Apple blocked the release of its latest iOS app until the developer disabled the ability for users to send NFTs through the app. The platform claims that the fees charged by Apple to transfer his NFTs must be paid through the App Store’s in-app purchase system so that the company can collect his 30% commission. .

Coinbase Wallet said “this is clearly not possible” because Apple’s in-app purchase system “does not support cryptocurrencies”.

For anyone who understands how NFTs and blockchains work, this is clearly not possible. His In-App Purchase system, which is Apple’s own, doesn’t support cryptography, so it didn’t work. It’s like Apple trying to cut charges for all email sent over open Internet protocols.

The developer explains that Apple makes it difficult for iPhone users to transfer NFTs to other wallets or even send them as gifts to friends and family. last month, Apple updates App Store guidelines with new rules for apps using NFTsThe new guidelines clarify that third-party apps cannot “direct customers to purchase mechanisms other than in-app purchases.”

Apps may use in-app purchases to market and sell services related to non-fungible tokens (NFTs) such as mints, listings, and transfers. Apps may allow users to view their NFTs as long as ownership of the NFTs does not unlock features or functionality within the app. The app allows a user to browse her collection of NFTs owned by other users, provided the app does not include buttons, external links, or other calls to action that direct customers to purchase mechanisms other than in-app purchases. You can

Earlier this year, Coinbase CEO Brian Armstrong has already complained about the App Store. Not crypto friendly. According to Armstrong, there are “potential antitrust issues” regarding the App Store guidelines.

Coinbase currently hopes to have discussions with Apple to resolve this situation, but it is unclear if Apple will be flexible with the new guidelines for apps using NFTs.

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