Blockchain for iOS (image 001)

Good news for iPhone and iPad users that are into cryptocurrencies. Following the unveiling of iOS 8 during Apple’s WWDC keynote yesterday, the company has updated its App Store review guidelines with a new section dedicated specifically to virtual currencies.

It seems that after pulling the Bitcoin wallet app Blockchain, and other crypto wallet-related titles from the App Store, Apple has had a change of heart. It’s now ready to accept applications that deal in the transmission of virtual currencies—at least to a limited degree…

BusinessInsider made the spot:

The new clause under section 11.17, which was flagged by folks on Twitter like investor Bill Lee today, reads:

Apps may facilitate transmission of approved virtual currencies provided that they do so in compliance with all state and federal laws for the territories in which the app functions.

Although Apple has never communicated a hardline policy against apps that deal in the transmission of virtual currencies, like Bitcoin or Dogecoin, it does have a track record of standing against them. And this guideline change is really the first time we’ve seen otherwise.

It’s still unclear what the impact of this new rule will be, as developers have yet to try submitting wallet apps since the update. It could, however, slow the line of cryptocurrency enthusiasts leaving iOS for Android and other platforms that are more open to related apps.

  • Ryan / reeὶὶkѳ™

    apple is finally bending over for everyone

    • RarestName

      kek

    • ✪ aidan harris ✪

      Actually it’s mostly the opposite. We are bending over for Apple 😛

      Apples ears are open to input from anyone and everyone and Tim Cook said so himself that he reads all of the emails that he gets. It’s also clear to see that a lot of jailbreak tweaks are dead or dying now because of what Apple is doing with iOS 8.

      In short when Apple doesn’t do something people don’t think much of them as a company but now people are starting to go “woah this is great”. Anotherwards I think Apple is competing with it’s competitors head on through innovation and not litigation.

  • DogeCoin

    TO THE MOOOOON!!!

  • Marcus

    I doubt many people would use this. I don’t understand why people use online Bitcoin wallets to manage their money. I have it all stored locally on my Mac with Bitcoin-Qt. It’s the most secure way. The same with goes for my Litecoin.

    I’ve also had problems with sites like Coinbase and Blockchain. I’ve lost a few hundred dollars on those sites before and at the moment I have 2.2 Bitcoins on my Mac, I feel safer that way. Again, that’s just me though.