Apple changes its App Store’s terms of use to regulate crypto usage

FlavienOctober 25, 2022

Less than a minute

Apple changes its App Store's terms of use to regulate crypto usage

In its newly updated App Store’s Terms of Use, Apple is trying to limit the usage of crypto, in line with regulations that are being implemented worldwide. All exchanges and crypto trading apps will have to be licensed by the local financial watchdogs. In-app purchases will be made more difficult, by forcing the purchases to go directly through the app store, which is known for its 30% tax on any payment.

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FlavienOctober 25, 2022

Less than a minute

Flavien

Greetings, I go by the name of Flavien - a devoted supporter of cryptocurrency and a tech aficionado who has been keeping track of the developments in the world of blockchain and digital currencies since 2019. The potential of decentralized digital currencies to revolutionize our financial systems has captivated me, and I'm constantly exploring the most recent trends and advancements in this ever-evolving industry. As a content creator for Krypto Channel, my aim is to deliver informative and engaging articles that shed light on all aspects of the crypto world. Whether you're a seasoned investor or simply curious about blockchain technology, I am here to keep you updated on the latest happenings and trends. Being part of this lively and dynamic community is an honor, and I am thrilled to share my passion for cryptocurrency and blockchain with all of you.