Apple bans cryptocurrency mining on the iPhone and iPad

Otis Hoffman
June 13, 2018

Some apps and online publications, for example, have taken to using users' system resources to mine cryptocurrency in the background while they use the app or service - sometimes without their permission.

"Do not use information from Contacts, Photos, or other APIs that access user data to build a contact database for your own use or for sale/distribution to third parties, and don't collect information about which other apps are installed on a user's device for the purposes of analytics or advertising/marketing", states the updated guidelines.

Apple has revised its standards for developers regarding cryptocurrency mining, according to a report by AppleInsider The company has updated two separate sections of its App Store Review Guidelines.

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And apps may not offer cryptocurrency as an incentive for taking specific actions, such as downloading other apps, posting to social media or urging others to download apps.

Do you think Apple's ban on direct cryptocurrency mining apps is justified?

Apple additionally wants to ensure the seriousness of Initial Coin Offerings, cryptocurrency futures trading, and other crypto-securities or quasi-securities trading.

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The company has said that the goal is to protect users of Apple Mac products from undue strain on computing power and wear on batteries. The technology giant reversed its stance soon after, despite pulling moves like removing multi-cryptocurrency wallet Jaxx after its disapproval of Dash in 2016.

In July 2017, Apple 'approved' Dash as a cryptocurrency.

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Apps may facilitate virtual currency storage, provided they are offered by developers enrolled as an organisation. However, only official digital wallets providers and exchanges will be able to post their apps, potentially cutting out shady third-party software from facilitating cryptocurrency transactions.

Other reports by Info About Network

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