New EU Crypto Markets Law Focuses Much on major technology platforms. It stipulates in particular that the latter must not prevent professional users from offering their products and services at different prices and conditions on their own sales sites, as well as on third-party platforms “. It looks like Apple is about to change how it works to comply with this law.
Soon the end of Apple’s restrictions on crypto applications?
Earlier this month, Coinbase decided to remove the NFT transfer functionality from its iOS Wallet app. The crypto exchange had declared : “ You may have noticed that you can no longer send NFTs to the Coinbase iOS wallet. This is because Apple has blocked our latest version of the app until we disable this feature “. It is true that the American firm Apple has recently imposed several restrictions which have been very controversial by developers and users of cryptocurrencies.
However, the famous journalist Mark Gurman did a revelation that could be a game changer for using crypto apps on Apple. Indeed, this December 13 on Twitter, he said: “ Apple is preparing to allow alternative app stores and sideloading on iOS, along with a host of other changes to make the iPhone more open, in response to new European Union requirements coming in 2024 “.
The benefits that the future measure could have
If Apple allows iOS apps to be installed from external sources, crypto developers will have an easier time building apps around NFTs. They can also offer more options for crypto payments for iPhone and iPad users.
With this measure, the American firm would guarantee interoperability, a quality sought by Web3 developers. Note that metaverse developers could take advantage of the situation, given that Apple is reportedly developing a mixed reality headset that it could launch in 2023.
Tim Sweeney, CEO of Epic Gamescommented on the announcement of journalist Mark Gurman on Twitter. He stated : ” According to Mark Gurman, writing for Bloomberg, Apple is preparing to open iOS to competing app stores, but only in Europe. That would leave American developers in bondage in the nation where Apple was founded. Congress must pass the Open Apps Market Act “.
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