Apple recently updated the requirements for applications that circulate through their App Store. They made it clear that those apps that compromise the useful life of Apple devices are prohibited. Other apps related to cryptocurrencies will continued to be offered in the app store.

It is a global modification, with clear specifications for other applications, the warnings
already published in the App Store Review Guidelines on June 4th on cryptocurrencies are clear:

All alternative process used to mine cryptocurrencies is prohibited on the App Store , as is the case with Coinhive.

“Applications should not quickly drain the battery, generate excessive heat or exert unnecessary pressure on the device’s resources. Applications, including third-party ads that are displayed on them, can not execute unrelated Alternating  processes, such as cryptocurrency mining.”

In addition, applications can not offer rewards in cryptocurrencies, for performing tasks such as downloading an application, or for any comment in a social network. However, this does not mean that Apple will not allow applications related to cryptocurrencies. Those who develop may offer wallets or applications that are related to cryptocurrency exchanges.

Applications associated with Initial Coin Offerings (ICO), or products derived from
cryptocurrencies,

“must come from banks, securities firms or other approved financial institutions”

and the operation must strictly comply with the associated laws, established. Mining in the cloud is allowed, since this process does not put at risk the useful life of the device.

Will this decision put the release of the iOs version of Electroneum, the mobile based cryptocurrency, at risk? Or will other similar cryptographic projects be sidelined due to Apple’s recent decision.

 

by Samuel Paz

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