Analysis: Apple's relaxation of cryptocurrency policy will improve the availability of DApp ecosystem and expand the Web3 user base

PANews reported on May 3 that according to Forbes, Apple has revised its App Store policy to allow crypto-related application developers to guide users to external websites for transactions and payments within the app. This move is seen as a major turning point in the Bitcoin and cryptocurrency ecosystem. The change stems from Apple's defeat in the Epic Games case, which the court ordered it to lift the blockade of "external link payments". Under the updated policy, developers can prompt users to jump to external platforms to purchase NFTs or make crypto payments, and no longer force the use of Apple's internal payment system. Previously, such behaviors would be charged up to 30% of the commissions by Apple, which has resulted in the restriction of the functions of multiple crypto wallets and NFT applications being removed from the shelves.

Analysts believe that Apple's concessions may significantly improve the availability of decentralized applications (DApps) in the iOS ecosystem, expand its user base, and promote the increase in overall market adoption. As crypto-native applications gain more freedom, the game between US regulators and tech giants in the Web3 infrastructure layer will continue to heat up.