Apple Remains Hostile Towards Crypto: Coinbase CEO

The Coinbase CEO Brian Armstrong believes that Apple remains hostile towards cryptocurrencies as the fight for daps on the App Store continues. More on the story in our Coinbase latest news below.

Coinbase and Apple are not getting along after months of the exchange warning its customers that it might remove all applications from the Apple store. Brian Armstrong, the CEO of Coinbase tweeted that Apple remains to block some main functionalities for crypto including the ones that are able to earn money and unrestricted decentralized app browsers:

 “Apple has been very restrictive and hostile to cryptocurrency over the years. They’re still blocking some functionality right now, including the ability to earn money with cryptocurrency by completing tasks, and unrestricted dapp browsers.”

Coinbase warned its customers back in December that it might have to remove its Dapp browser from its application in order to meet the Apple App Store policies. Both Google’s Android app store and Apple’s app store wanted to remove the dapps in the network. Apple, or more specifically its App Store, was under fire lately for unfair terms that it gives to the app developers and publishers. The Wall Street Journal and the New York Times as well as game developer EpicGames have all called out that Apple needs to provide fairer terms for the developers.

Right after Google removed the Ethereum-based decentralized application (DApp) browser MetaMask from its Android application store, Apple removed the Coinbase DApp browser feature from its cryptocurrency application too as we previously reported. The CEO of the exchange Brian Armstrong also commented on the post, stating:

“Coinbase CEO here. This is really unfortunate to see. Apple seems to be eliminating usage of Dapps from the App Store. […] Presumably this would extend to other wallets as well (Trust, Argent, Metamask) it’s beyond Coinbase and IMO a very big threat to the ecosystem.”

Also, The founder of one of the largest exchanges in the world published a post on Coinbase’s official blog where he explained why he believes that the next decade will see an integration of privacy features into one of the major blockchains. When it comes to the integration of the privacy features in major blockchains, some argue that the process has already started. As major media outlets reported in June this year, many fear that Bitcoin’s increasing anonymity may be a threat to the anoncoins.