Bilirakis and Schakowsky Inquire About Apple’s Blockchain Policies
Representatives Gus Bilirakis and Jan Schakowsky have sent a letter to Tim Cook, CEO of Apple, requiring information about the rules on the iOS App Store regarding emergent technologies such as blockchain, non-fungible tokens (NFTs), and other distributed ledger technologies.
- Express concern about Apple’s walled garden policies
- Highlight Apple’s use of App Store guidelines to increase profits
- Refer to Apple’s enforcement of policies against Coinbase Wallet
- Discuss the legal battle between Apple and Epic Games
- Mention the limited version of Axie Infinity’s app on iOS
Apple’s Tight Crypto Rules
Apple announced tight blockchain rules in October, which restrict the use of mechanisms to unlock content or functionality, including crypto and NFTs. NFT sales offered by apps must go through Apple’s in-app purchase system.
Hot Take
It is crucial for Congress to understand how Apple’s App Store guidelines limit innovation and impact American technological leadership. A level playing field is needed to foster American ingenuity in the industry.
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