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Apple allows virtual currency trading apps back into the App Store

Written by Andre Yoskowitz (Google+) @ 16 Jun 2014 18:56

Apple allows virtual currency trading apps back into the App Store Until this week, Apple had forbidden Bitcoin (and other virtual currency) trading apps from the App Store, but the tech giant has now revised its guidelines.
The company now allows virtual currency apps as long as "they comply with state and federal laws in all areas that they operate." Until now, all apps that revolved around trading the currencies were removed from the store, giving only access to wallet apps that allowed you to see how much of your currency you owned.

Coin Pocket is the first app to be back in the Store, but there will be surely many more to follow.

Bitcoin and other currencies remain mainly unregulated in the U.S., meaning Apple will likely avoid any legal headache in the future.

Source:
Verge

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