Thursday, 16 August, 2018

Apple bans cryptocurrency mining from its app stores

Apple Updates App Store Guidelines, Tightens Rules for Crypto-Related Apps Apple's App Store To Host New Support For Cryptocurrencies
Troy Mann | 12 June, 2018, 14:51

That's actually what happened in the case of an app called Calendar 2, according to Apple Insider.

Apple also has an existing section addressing cryptocurrency apps on its App Store that's been in place since about 2014.

Though the letter predominantly focused on allowing free trials for all apps in the App Store, it also requested that Apple make more "developer-friendly changes" to its Review Guidelines. For instance, apps facilitating any exchange or transfer of cryptocurrencies like bitcoin were mandated to abide in compliance with all federal and relevant state laws of its offering. "Apps, including any third party advertisements displayed within them, may not run unrelated background processes, such as cryptocurrency mining", the new guideline reads.

Following Apple's widely publicized mid-March removal of the Mac app Calendar 2 for running a cryptocurrency mining tool in the background, the App Store's Review Guidelines have been updated to explicitly ban on-device mining - across any type of app, and all of Apple's platforms. "Under this new policy, the advertisement of Initial Coin Offerings (ICOs) and token sales will be prohibited globally", Twitter said. Any apps that facilitate ICOs, futures trading or other securities must be provided by established banks, securities firms and futures commission merchants (FCMs).

Cryptocurrency mining is often done on the sly.

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Apple's decision to kill off support and stop accepting new applications for Safari Extensions is clearly meant to encourage iOS 12 and macOS 10.14 developers to embrace the newer App Extensions platform moving forward.

In July 2017, Apple 'approved' Dash as a cryptocurrency.

During Apple's Worldwide Developers Conference last week, the company released new App Store guidelines that ban cryptocurrency mining on both iOS devices and Mac.

Cryptocurrency-related apps "may not offer currency for completing tasks, such as downloading other apps, encouraging other users to download, posting to social networks", the guidelines stated.

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