Apple Faces Scrutiny Over App Store Policies Amid NFT Industry Growth

Apple Inc. is under intensive scrutiny for its App Store practices, mainly with regard to the growing industries of crypto trading and nonfungible tokens (NFTs). On July 28, Jan Schakowsky and House Representatives Gus Bilirakis (R-Fla.) wrote a letter to Apple CEO Tim Cook, Asking for detailed information about its App Store policies. In that… Continue reading Apple Faces Scrutiny Over App Store Policies Amid NFT Industry Growth

Apple Bans NFTs Use To Unlock Content And Features In App Store

Tech giant Apple recently unleashed guideline updates that limit user interaction with NFTs in its App Store. Apple has now blocked apps on its App Store from using nonfungible tokens (NFTs). Based on official reports, the move is meant to discourage NFT buyers and sellers from transacting their business in-app. Notably, Apple wants these businesses… Continue reading Apple Bans NFTs Use To Unlock Content And Features In App Store