Apple softens crypto app rules, 'hugely bullish' for crypto industry
The court ruling is absolutely huge for crypto, says a crypto commentator, as iOS applications will no longer be hit with the hefty charge for off-app purchases.
Crypto app developers are now free to direct users to payments outside of Apples ecosystem without restrictions or hefty fees, after a United States district judge ruled that Apple violated an injunction in its antitrust legal battle against Epic Games.
The Court finds Apple in willful violation of this Courts 2021 Injunction, which was issued to restrain and prohibit Apples anticompetitive conduct and anticompetitive pricing. Apples continued attempts to interfere with competition will not be tolerated, US district judge Yvonne Gonzalez Rogers said in an April 30 court filing.
Effective immediately, Apple will no longer impede developers ability to communicate with users, nor will they levy or impose a new commission on off-app purchases, Rogers added.
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