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Apple’s absurd new crypto rules expose how out of touch it has become

Cryptocurrency Nov 01, 2022 03:20PM ET
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Apple’s absurd new crypto rules expose how out of touch it has become
 
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Giant companies like Apple (NASDAQ:AAPL) have made a fortune by centralizing their powers and profits and expanding their product and services network to be a part of people’s lives in as many ways as they can. Until recently, however, Apple had also demonstrated an ability to tunnel-focus its efforts to stay relevant and up to date with what consumers wanted, what mattered to them and what they needed most from the tech giants they rely on. It seems that this is not strictly true anymore, and that is a real shame.

In its updated App Store guidelines unveiled on Oct. 24, Apple announced that crypto exchange applications “may facilitate transactions or transmissions of cryptocurrency on an approved exchange” only “in countries or regions where the app has appropriate licensing and permissions to provide a cryptocurrency exchange.”

Daniele Servadei is the co-founder and CEO of Sellix, an e-commerce platform based in Italy.

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Apple’s absurd new crypto rules expose how out of touch it has become
 

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Comments (4)
Rendo Siregar
Rendo Siregar Nov 04, 2022 5:34AM ET
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dell love forefer young in the room
Blad vass
Blad vass Nov 03, 2022 2:38AM ET
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This is bad!  Apple or Google play store shouldn’t take the cuts. Moreover, they haven't developed these platforms in the first place.
Wanda Nicole Tarnate
Wanda Nicole Tarnate Nov 02, 2022 5:28AM ET
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to become successful 🤍❤
Wanda Nicole Tarnate
Wanda Nicole Tarnate Nov 02, 2022 5:28AM ET
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This comment has already been saved in your Saved Items
to become successful 🤍❤
 
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