Apple is tightening up its rules when it comes to cryptocurrencies – particularly crypto collectibles and games linked to the crypto industry.
In recent news, the leading smartphone seller and one of the most popular tech brands out there ordered Coinbase to remove a video game called ‘War Riders’ from its Coinbase Wallet iOS app. The reason for the removal is simple – Apple does not want to highlight any crypto collectible-related dApps that facilitate purchases of digital goods.
Meanwhile, War Riders is a game where players drive around an apocalyptic wasteland and build up armies of vehicles – which are represented by non-fungible tokens (known as NFTs) on a blockchain.
As one Coinbase staffer told Cartified, which is the company behind the game, via Discord:
“Quick heads up – we will be removing from the iOS version as we’re not able to highlight dapps that facilitate purchase of digital goods.”
This proves that Apple doesn’t like apps which sell NFTs – and War Riders was the only one listed within the wallet that sells these tokens.
Meanwhile, the famous decentralized application (dApp) for buying and breeding digital cats, CryptoKitties, is not even featured on the wallet’s iOS app – even though it remains active (along with War Riders) on the Android version of the Coinbase Wallet app.
To sum it up, Apple has long had a complicated relationship with crypto in its app store. After it removed Coinbase for a time early on – Apple also removed a game that allowed users to earn Bitcoin for playing.
Yet, the Apple Store Review Guidelines do not cite specific language that forbids NFTs precisely – but some experts say that Apple has already indicated that they are forbidden under its “In-App Purchase” rules.
Deloitte Features Blockchain In Its Annual Tech Trends Report
“Today, blockchain is to trust what the web was to communication: a profoundly disruptive technology that transforms not only business but the way humans transact and engage," the report notes.Deloitte also agrees that blockchain is viral, saying that the technology is “capturing both mindshare and investment is remarkable considering that a few years ago the word blockchain was known only through its relationship to cryptocurrencies. One of the areas where blockchain is likely to develop in the coming year, according to Deloitte, is the technology that includes "gateways, integration layers and common standards." However, Deloitte also shared the obstacles of implementing the technology, mainly related to the time-consuming operations, lack of standardization, high costs and complex applications.
Stellar’s XLM Token Added To Greyscale’s Crypto Investment Trust Fund
“I think the theory is a sound one,” he said about Stellar’s business proposition for bridging crypto to fiat currency conversions. An American bank may be keeping large amounts of currencies in foreign banks, and to be able to bring those balances of foreign currencies onto a balance sheet as working capital is valuable. Financial institutions won’t be required to hold balances all over the place. This will improve efficiency and shore up balance sheets for other uses.”Stellar had amazing performance especially in Q4 after striking a deal with crypto wallet provider Blockchain.com in order to start distributing XLM that is worth $125 million in an airdrop, hoping to increase bigger awareness and adoption. In the meantime, Greyscale had a mixed year in 2018 after bitcoin dropped to its 15-month low at $3,130. The company’s Bitcoin Trust was worth less than $1 billion for the first time in 2018. According to the crypto industry newsletter Diar’s research, Greyscale in the same apparently had holdings just over one percent of the total BTC in circulation. After the announcement, Stellar increased up by 1.22 percent.
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Bitcoin ATM Operator Coinme To Start Selling BTC At Coinstar Counting Machines
“Bitcoin is now accessible at your local grocery store via Coinstar kiosks, and this offering will make it even easier for consumers to participate in this dynamic new economy.”Coinstar, on the other hand, offers coin-to-cash conversion in their kiosks in multiple countries around the world but it still remains unknown whether the Bitcoin feature will expand just as quickly as it did in the US. Coinstar’s CEO Jim Gaherty noted: Coinstar offers coin-to-cash conversion kiosks in various countries throughout the world. It remains unknown whether the Bitcoin feature will expand beyond the U.S., while the company did not provide figures on how many machines will offer it.
“Coinstar is always looking for new ways to offer value to our consumers when they visit our kiosks.’’According to CoinATMRadar industry monitoring resource, there are more than 4187 Bitcoin ATMs worldwide and more than 60 percent or 2516 are in the United States. The market has grown plenty over the years and many operators are trying to get control of what they think to become a fairly popular trend for crypto usage.
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