MetaMask Wallet Temporarily Removed from Apple’s App Store
The popular Ethereum wallet MetaMask experienced a brief removal from the Apple App Store before being reinstated. The MetaMask team addressed the issue on social media, assuring users that the removal was not related to any malicious activity and that they were working to resolve it promptly. MetaMask is a vital tool for accessing decentralized applications (DApps) in the Web3 ecosystem and has a global user base of over 30 million.
MetaMask also clarified that there were no security concerns and no action required from users. They stated that the issue was unrelated to the functionality of the app and expressed confidence that MetaMask would soon be available again on the App Store.
This is not the first time MetaMask has faced challenges with major tech companies’ app marketplaces. In 2019, Google suspended MetaMask from its Play Store due to a violation of financial services guidelines.
Apple’s Revenue Cut Presents Challenges for Crypto Apps
Crypto apps face additional hurdles when it comes to Apple’s guidelines, which require developers to share 30% of transaction revenues. This policy has proven problematic for crypto firms, especially those facilitating non-fungible token (NFT) purchases, as they aim to serve iOS users.
Another example of Apple’s strict enforcement was seen with the removal of the Bitcoin-friendly social media app Damus from the App Store. Damus allowed content creators to receive Bitcoin tips through the Lightning Network, which violated Apple’s guidelines on in-app content sales.
Hot Take: Struggles Persist for Crypto Apps in Centralized App Stores
The temporary removal of MetaMask from Apple’s App Store highlights an ongoing challenge for crypto apps trying to navigate centralized app marketplaces. While these platforms provide access to a vast user base, they also come with strict guidelines and revenue-sharing requirements that can hinder the growth and innovation of crypto-related services.
As the crypto industry continues to evolve, it is crucial for app marketplaces to find a balance between user protection and fostering innovation. By working collaboratively with crypto developers and addressing concerns in a transparent manner, these platforms can better support the growth of decentralized technologies while ensuring user safety.
By
By
By
By