Apple Banned The Crypto Money Mining As Legal in App Store

in news •  7 years ago 

Apple decided to take official steps to ensure that no crypto-money mining was done over their own devices.

ac.jpeg

Here are 5 rules Apple determines.

1- Wallets: Apps can make it easier to store virtual currency as long as they are presented by developers registered as an organization.

2- Mining: Applications can not mining for crypto currencies as long as the device is not in a closed position (eg cloud-based mining).

3- Swap: Applications may facilitate transactions or transfers of the cryptographic currency on an approved exchange, provided that the agreement itself is provided.

4- ICO projects: ICO projects should come from resident banks, securities companies, futures commission traders or other approved financial institutions that facilitate crypto-currency futures and other crypto-securities or semi-securities trading and comply with all applicable laws They are obliged to have.

5- Advertisement: Crypto can not offer currencies if you complete tasks such as monetary applications, downloading other applications, encouraging other users to download and sharing them on social networks.

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