Wednesday, 20 June, 2018

Apple Bans Cryptocurrency Mining on iPhone and iPad

Apple bans cryptocurrency mining Customers stand beneath an Apple logo at the Apple store in Grand Central station in New York City
Pete Mitchell | 13 June, 2018, 02:59

The ban is clearly spelled out in the new set of developer guidelines for the App Store released during Apple Worldwide Developers Conference (WWDC), which took place last week. Though there are multiple changes to the guidelines concerning this issue, the company seems to be putting a special focus on cracking down on apps used for cryptocurrency mining.

Further adding to the pressure on cryptocurrencies, Bitcoin's price declined on Monday following the hacking of South Korean cryptocurrency exchange Coinrail.

In an official post the company said, "Apps, including any third party advertisements displayed within them, may not run unrelated background processes, such as cryptocurrency mining".

The revised guidelines introduced subpoint (ii), which instructs that "Apps may not mine for cryptocurrencies unless the processing is performed off device (e.g. cloud-based mining)". Earlier in the year, Apple removed Calendar 2 from the Mac App Store because the app would offer mining cryptocurrency on devices in exchange for premium features. This is not a move against cryptocurrency apps in general.

If you haven't worked it out yet, this news is very good news and will see some brand-new cryptocurrency-based applications go live on the App Store.

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Speaking to CCN at the time, Jaxx CEO Anthony Di Iorio revealed Apple had stuck to approving a select six cryptocurrencies, namely: Bitcoin, Ethereum, Dogecoin, Litecoin, Ripple and the then DAO token.

Apple's Health Record, which features in the health app, was launched in the United States, in January 2018. The app even made it to number 3 in the finance category of the App Store before Apple pulled it down.

Apple previously declared that apps transmitting approved cryptocurrencies had to do so in compliance with applicable laws.

Apple Inc.'s new rules for app developers limit their ability to harvest user contact data, but they also could hurt a key app owned by Facebook Inc. called Onavo Protect.

And apps won't be allowed to offer cryptocurrency in exchange for letting them complete other tasks such as downloading additional apps or posting on social networks.

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