Monday, 16 June 2014

Apple allows first Bitcoin trading apps back into App Store

Apple has lifted the restriction on Bitcoin trading apps in its App Store. The first such virtual currency app to become available after the change of policy, Coin Pocket, appeared on the store yesterday. The app arrived shortly after Apple added a new rule to its store guidelines that allows virtual currency apps on one reasonable condition: that they comply with state and federal laws in all areas that they operate. Previously, Apple had removed apps that allowed users to trade in the virtual currency, restricting access to the wallet apps that act as the bank accounts of the Bitcoin world.
Until now, Apple's approach to virtual currencies has been quite conservative, taking what appeared to be a better-safe-than-sorry approach to...
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