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Key Points: Apple amended App Store guidelines, allowing in-app NFT transactions. No changes for crypto apps’ strict rules. Developers can use external payments, boosting monetization. Apple has updated its App Store guidelines to allow U.S. developers to integrate external payment methods for NFTs. The update potentially enhances monetization strategies for NFT markets while cryptocurrency apps remain under stringent regulations. Apple has altered its App Store guidelines in the United States, now permitting developers to integrate external payment systems for NFTs. This significant update responds to a recent court ruling from its ongoing legal battle with Epic Games, intending to foster greater financial flexibility for developers within the App Store ecosystem. Apple Allows Third-Party NFT Transactions in App Store Key changes include the allowance of in-app NFT purchases through third-party markets. This could enhance the potential reach of NFT marketplaces by facilitating smoother transactions and possibly driving increased user engagement. While Apple’s decision marks progress for developers, notable figures from the crypto industry have yet to comment publicly. There is growing anticipation for official reactions from industry leaders, which could solidify these changes’ longer-term impact. “The intersection of technology updates and legal mandates often leads to significant shifts in the market landscape, making adaptability a crucial aspect for all stakeholders.” — CoinCu Research Team Ethereum Sees Mixed Market Reactions Amid New Policies Did you know? Apple has updated its policies in response to legal pressures before, as seen with past App Store changes, which impacted app functionalities and market dynamics. Ethereum (ETH) is valued at $1,835.67, with a market cap of $221.63 billion and dominance of 7.37%, according to CoinMarketCap. Trading volume fell 16.52% in 24 hours. Despite a three-month price drop of 41.87%, ETH gained 1.92% over the past week. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 01:19 UTC on…

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Filed under: News - @ May 3, 2025 1:23 am