Apple softens crypto app rules, 'hugely bullish' for crypto industry - 'Coin Telegraph' News Summary (United States) | BEAMSTART

Published 2 weeks ago• 2 minute read

There are no do-overs once a party willfully disregards a court order.Time is of the essence.”Source: Hector LopezThe ruling stated that Apple must not impose “any commission or any fee on purchases that consumers make outside an app.” It added, “no reason exists to audit, monitor, track or require developers to report purchases or any other activity that consumers make outside an app.”It was ruled that Apple can't control how developers design or place links that lead users to buy items outside the app.

Crypto app developers are now free to direct users to payments outside of Apple’s 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 Court’s 2021 Injunction, which was issued to restrain and prohibit Apple’s anticompetitive conduct and anticompetitive pricing.

Crypto commentator “Xero” told their 50,000 X followers on May 2, “This is hugely bullish for mobile crypto games and apps.” Meanwhile, Alex Masmej said, “This is absolutely huge for crypto.”The same day, Epic Games CEO Tim Sweeney said Epic would be relaunching Fortnite to the US Apple App Store.“Epic puts forth a peace proposal: If Apple extends the court’s friction-free, Apple-tax-free framework worldwide, we’ll return Fortnite to the App Store worldwide and drop current and future litigation on the topic,” Sweeney said.

Cointelegraph by Ciaran Lyons

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2025-05-03 @ 07:19:46 (13 hours ago)

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