Apple Introduces New Cryptocurrency and NFT Rules in Its App Store

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Apple has unveiled updated payment rules for Web3 transactions in its App Store, centralizing purchases through its proprietary payment system. While not an outright ban on cryptocurrency or NFT transactions, these changes will require all such transactions to process through Apple's infrastructure—potentially impacting Web3 adoption due to the company's 30% fee structure.

Key Changes Explained

NFT Purchases via In-App Purchases (IAP)

Payment Restrictions

Functional Limitations

Wallet Provisions

Approved Exchange Transactions

Industry Context

This move follows Apple's high-profile legal battle with Epic Games over its 30% App Store fee structure. The cryptocurrency market has seen significant volatility, losing nearly $2 trillion in value since November 2021 peaks.

👉 Discover how leading exchanges adapt to App Store policies

FAQ Section

Q: Can developers avoid Apple's 30% fee for NFT sales?
A: No—all NFT transactions must process through Apple's IAP system.

Q: Does this affect existing crypto wallets on iOS?
A: Existing wallet functionalities remain unchanged, but NFT-based feature unlocks are restricted.

Q: Are decentralized apps (DApps) impacted?
A: Yes, if they involve payment processing or NFT utility within iOS apps.

Q: How might this influence Web3 gaming adoption?
A: The 30% fee could discourage some developers from incorporating NFTs into mobile games.

👉 Explore Web3 gaming alternatives beyond mobile

Note: This analysis excludes promotional content and adheres to platform guidelines regarding sensitive topics.