Apple has updated its policy in the App Store, allowing crypto app developers to direct users to external sites for transactions.
Apple's Crypto Payment Policy Shift
Apple's decision to permit crypto transactions external to its App Store follows a ruling in favor of Epic Games in a California court. This court order mandates Apple to lift its restrictions on external cryptocurrency payments, effectively ending its longstanding 30% in-app commission policy.
Ethereum Market Update
Currently, Ethereum (ETH) is priced at $1,834.61 with a market cap of $221.5 billion. As of May 4, 2025, it holds a 7.46% market share with a 24-hour trading volume of $9.07 billion. Notably, ETH has seen a 0.67% price increase in the last 24 hours, yet has decreased by 29.18% over the past 90 days.
Crypto Community's Reaction
The crypto community has responded with optimism. Tim Sweeney, CEO of Epic Games, expressed hope that the extension of the court's framework could lead to a return of Fortnite to the platform. Experts also predict this change could fuel growth in mobile crypto games and applications.
Apple's policy change significantly impacts the cryptocurrency market and opportunities for developers, which may lead to increased interest in blockchain-based applications.
