Apple Blocks Crypto Mining Apps On Its Products

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Apple already saw some of the apps available through its store mine cryptocurrency on users' devices in exchange for some premium features.

The new language covers both types of cryptocurrency mining, active and passive, while ensuring Apple users aren't experiencing any performance drain from either.

In addition, Apple has expanded its prohibition on unnecessarily expending resources, draining the battery or generating heat with a specific callout to cryptocurrency mining.

As bitcoin prices peaked near $20,000 in December 2017, Apple unveiled a new section of guidelines specific to cryptocurrencies and ICOs on December 20.

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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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".

Note: Apps for trading cryptocurrencies and tracking prices will not be affected by the changes. This is not a move against cryptocurrency apps in general.

The Book Store tab makes it easy to browse all that Apple Books has to offer, including Top Charts, Staff Picks, Editorial Collections, and Special Offers & Free. Similarly, apps involved in initial coin offerings, bitcoin futures trading, or other cryptocurrency securities trading need to be from the banks, firms, or other approved financial institutions.

Similarly, Apple is also allowing apps to facilitate crypto transactions "on an approved exchange, provided they are offered by the exchange itself". Apple's new iOS guidelines, specifically listed under section 3.15 called cryptocurrencies, ban apps from mining for Bitcoins and other virtual currencies unless it is done off-device (via the cloud).

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