Apple Bans Apps That Mine Cryptocurrencies

Judy Cobb
June 12, 2018

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Apple has announced new App Store restrictions, banning the use of cryptocurrency mining apps on iPhones and iPads.

The promising thing here is that Apple seem very open to the idea of new apps being produced which will integrate the use of cryptocurrencies.

Well, a key part of the new guidelines discusses cryptocurrencies and how cryptocurrencies and blockchain technologies can be integrated into new app development for the Apple App Store.

This isn't the first time that the iPhone maker has taken action against mining apps. News about Apple's changes to the App Store aren't likely to play particularly well. "Apps, including any third party advertisements displayed within them, may not run unrelated background processes, such as cryptocurrency mining".

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The tech giants of the world (and probably the entire galaxy), Apple, have recently updated the rules and regulations for developers who wish to develop applications which will be available for download on the Apple App Store.

Apple has previously blocked apps for supporting cryptocurrencies it disapproves of.

After the cryptominer was found to contain buggy code that made CPU usage on users devices spike, Apple pulled Calendar 2 from the macOS App Store. "Apps may facilitate virtual currency storage, provided they are offered by developers enrolled as an organization", the policy states. The company took this step after hidden cryptocurrency mining has become the most popular cybercrime trend among malware developers this past year.

The guidelines do allow apps that facilitate ICOs, as long as they work with established banks and follow all applicable compliance laws. It also rules that, "Cryptocurrency apps may not offer currency for completing tasks, such as downloading other apps, encouraging other users to download, posting to social networks, etc".

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