Apple publishes new rules on cryptocurrency apps

Apple publishes new rules on cryptocurrency apps

According to TechCrunch, a number of Apple developers recently joined forces to create the “Developers Union.” The union asked Apple to provide Apple Store users with the opportunity to download free trials of their applications. This is one of the first times that independent iOS developers are trying to fight back against Apple Store policies.

The Union managed to achieve its goal; Apple recently updated the application store rules. In addition to supporting free trials, Apple announced the creation of a new set of rules to govern cryptocurrency applications. The tech giant also noted that these apps will not be able to mine cryptocurrency in the background without your permission. 

They have also introduced some new concepts and rules that cryptocurrency applications must adhere to. These rules will also help users by protecting them from malicious applications and scams. An example of such applications are programs that mine cryptocurrency in the background.

Under Apple's new rules, cryptocurrency applications “can only provide storage for digital currencies if they are released by developers registered as an organization.” On the other hand, mining applications are prohibited, and only the management of mining on a remote device is permitted (e.g., cloud mining).

Applications developed “for conducting ICOs, trading cryptocurrency futures, and other crypto assets must come exclusively from banks, securities dealers, futures commission merchants (FCMs), or other official financial Institutes.”

The rulebook ends with the statement that “cryptocurrency apps may not offer currency as rewards for completing tasks such as downloading other apps, inviting friends, posting to social networks, etc.”

Other Apple Store Rule Updates

According to 9to5Mac, Apple has agreed that non-subscription app developers can provide “limited trials version” before prompting you to download the full version. The tech giant also added a section requiring apps to take proper security measures regarding users' personal information. In addition, advertising in such applications cannot target users’ “confidential data.” All advertising must be age appropriate as stated in registration...

Apple's decision to make leadership changes could have a big impact on the sector, with the developer group advocating for further changes such as a "more reasonable developer share" as well as "other developer-friendly changes."




According to btcmanager

You May Also Like

22018-07-31

Lity. New smart contract language

There are currently more than 1,700 decentralized applications (DApps) published on the Ethereum network, and their number continues to increase. And although all Dapps rely on smart contracts, the reliability of smart contracts themselves is questionable - cybercriminals have already earned more than a billion dollars from hacking them.

Ethereum, Development
32018-06-29

We accept payment in bitcoin: Part six. Nuances, again nuances

In the last part, we pointed out that it wouldn’t be a bad idea to find out about the fact of payment from bitcoind, instead of going through all the issued addresses.

Development

Latest articles from Development category

Fresh video on our Channel