In a recent ruling, a federal court has ordered Apple to remove restrictions on cryptocurrency app developers, creating new opportunities for this industry.
Court Ruling Against Apple’s Commissions
U.S. District Judge Yvonne Gonzalez Rogers found that Apple was in willful violation of a 2021 court injunction aimed at preventing anticompetitive conduct. The ruling states that Apple can no longer prevent developers from communicating with users about external payment options.
Benefits for Crypto Applications
The court decision removes financial barriers limiting the functionality of crypto apps on iOS devices. Developers can now direct users to external NFT marketplaces without paying Apple fees, and gaming applications with crypto elements have access to fee-free external payment systems.
Mobile Gaming Industry Outlook
The ruling is expected to lead to hundreds of millions of dollars in lost commissions for Apple. As a result, traditional financial institutions will face increased competition from decentralized payment systems, allowing users to transact using cryptocurrencies without converting to fiat.
The court's ruling on changing the payment policies for crypto-related apps opens new horizons for their development on the iOS platform, potentially significantly impacting the mobile gaming industry in the coming years.
