Tuesday, 19 June, 2018

Apple follows in Google's footsteps, bans cryptocurrency mining on iPhones, iPads

Apple Updates App Store Guidelines, Tightens Rules for Crypto-Related Apps Apple's App Store To Host New Support For Cryptocurrencies
Olivia Ford | 13 June, 2018, 03:00

"Apps may not mine for cryptocurrencies unless the processing is performed off device (e.g. cloud-based mining)", Apple's new App Store guidelines say. The new rules restrict apps that generate excess heat, pull unnecessary system resources, or otherwise drain battery or affect performance unnecessarily. In five bullet points, the guidelines run through Apple's policy on wallets, mining, exchanges, ICOs, and rewards that take the form of cryptocurrency.

Apple updated its App Store review guidelines last week, during the WWDC 2018 conference.

It's also worth noting that Apple's move explicitly targets apps intended for cryptocurrency mining and others which drain your device's battery rapidly. Apps can help users make pay, trade, or receive cryptocurrency on an approved exchange, but the apps must be from the exchanges themselves.

As reported earlier today, Apple's crackdown on App Store privacy bans applications that "collect information about which other apps are installed on a user's device for the purposes of analytics or advertising/marketing".

According to the new rules, Apple will no longer allow indie developers to publish any wallet app on the App Store as only developers affiliated with a registered organization are eligible.

A man walks past an electric board showing exchange rates of various cryptocurrencies including Bitcoin (top L) at a cryptocurrencies exchange in Seoul, South Korea December 13, 2017.

The move allows US iPhone users to share their health record data with third-party apps from autumn.

Apps facilitating Initial Coin Offerings (ICOs) must come from "established banks, securities firms, futures commission merchants ('FCM'), or other approved financial institutions".

When consumers choose to share their health record data with trusted apps, the data flows directly from HealthKit to the third-party app and is not sent to Apple's servers. And finally, cryptocurrency-related apps "may not offer currency for completing tasks, such as downloading other apps, encouraging other users to download, posting to social networks".

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