• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Bilirakis and Schakowsky, US Representatives, Seek Information on Apple's Approach to Blockchain and NFT Policies

Bilirakis and Schakowsky, US Representatives, Seek Information on Apple's Approach to Blockchain and NFT Policies

user avatar

by Max Nevskyi

2 years ago


On July 30, 2023, Gus Bilirakis and Jan Schakowsky, members of the House Innovation, Data, and Commerce Subcommittee, penned a letter to Apple, seeking clarity on the tech giant's iOS Appstore policies concerning blockchain, non-fungible tokens (NFTs), and distributed ledger technologies. The lawmakers are concerned that Apple's policies may stifle innovation and hinder America's technological leadership in these fields.

The letter addressed to Apple's CEO, Tim Cook, demanded information about the iOS App Store's regulations on emerging technologies like blockchain, NFTs, and other distributed ledger technologies. The representatives voiced their worries about the impact of Apple's restrictive policies on the development of apps leveraging these technologies, potentially hampering innovation from American firms in this sector. They also accused Apple of manipulating its App Store guidelines to boost its profits and diminish the utility of apps involved in blockchains, NFTs, and other blockchain-related technology.

Bilirakis and Schakowsky highlighted Apple's enforcement of its policies against Coinbase Wallet in December as an example. Apple had then disabled NFT transactions in the iOS version of the app, insisting that blockchain fee payments be processed through their in-app purchase system, thereby collecting 30% of each transaction. Coinbase Wallet had refused to comply with this rule, citing feasibility issues.

The representatives also discussed the situation of Axie Infinity, a popular play-to-earn game that had to release a stripped-down version of its app on iOS, which excluded core NFT functionality and remains inaccessible for U.S.-based users.

In conclusion, Bilirakis and Schakowsky emphasized the importance of Congress understanding the App Store guidelines and their potential to limit innovation and affect American technological leadership. They expressed their desire to establish a fair playing field within the industry to ensure the continued growth of American creativity.

Apple had announced a stringent set of blockchain rules in October, stating that apps "may not use their own mechanisms to unlock content or functionality," including crypto and NFTs. Furthermore, all NFT sales offered by these apps might have to go through Apple's in-app purchase system, provided they don't present "buttons, external links, or other calls to action that direct customers to purchasing mechanisms other than in-app purchase."

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Harvey Acquires Hexus to Strengthen Legal Tech Position

chest

Harvey has acquired Hexus to strengthen its position in the legal tech market.

user avatarMohamed Farouk

Harvey's Valuation Soars to $8 Billion Amidst Legal Tech Expansion

chest

Harvey AI has confirmed an impressive valuation of $8 billion following a $160 million funding round led by Andreessen Horowitz.

user avatarBayarjavkhlan Ganbaatar

FLOKI Experiences 12.5% Dip Despite Increased Trading Volume

chest

FLOKI's price has dipped by 12.5% while trading volume has surged, indicating active market participation.

user avatarElias Mukuru

Afghanistan's Crypto Market Declines from Top 20 Ranking

chest

Afghanistan's crypto activity peaked in 2021 at a global ranking of 20 but has significantly declined by 2026, with experts noting a lack of events and regulatory changes.

user avatarMaria Fernandez

Afghanistan's Crypto Sector Faces Stagnation in 2026

chest

In 2026, Afghanistan's crypto sector is marked by stagnation, with no new funding, projects, or leadership emerging.

user avatarKenji Takahashi

Afghanistan Named a Crypto Innovation Hub by New York Times

chest

Afghanistan was recognized as a crypto innovation hub by the New York Times in January 2026, highlighting its unique position in the digital currency sphere despite political challenges.

user avatarDiego Alvarez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.