© Reuters Wu Blockchain reveals Apple’s updated App Store review guidelines
- Apple (NASDAQ:) has updated its App Store review guidelines to include NFTs.
- The App may facilitate the trading or transmission of cryptocurrencies on Approved Exchanges.
- Many believe that this could have a staggering effect on cryptocurrency adoption.
Crypto news platform Wu Blockchain announced on Twitter on October 25 that Apple has made several upgrades regarding crypto and non-fungible tokens (NFTs).
According to the post, Apple has updated its App Store Review Guidelines to include NFTs and related content in cryptocurrency trading apps. The post also added that the app may not use that mechanism to unlock content or features such as cryptocurrencies or cryptocurrency wallets.
In addition to this, Wu Blockchain added that the app could use in-app purchases to sell NFT-related services such as mints, listings and transfers. Apps may also allow users to view their own girlfriend NFTs, provided that ownership of the NFT does not unlock features or functionality within the app.
The updated guidelines require users to access NFT collections owned by other users, provided that the app does not include buttons, external links, or other calls to action that direct customers to purchase mechanisms other than in-app purchases. It also states that you can view
Wu Blockchain concluded its post by mentioning new guidelines surrounding exchanges. The App may facilitate the trading or transmission of cryptocurrencies on Approved Exchanges. This can only happen provided the app is only offered in countries or regions where it has the proper licenses and permissions to offer crypto exchanges.
The reaction to the announcement has been fairly positive, with many crypto fans believing that this new development will have a major impact on the adoption of crypto in the world.
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