Published: Tue, June 12, 2018
Industry | By Dora Warner

Apple Bans Cryptocurrency Mining on iOS

Apple Bans Cryptocurrency Mining on iOS

When it blocked Calendar 2 in March, Apple cited section 2.4.2 of its Review Guidelines, noting that a background process to mine currencies in exchange for access to premium features ran afoul of its device resource drain restrictions. Next, Apple plan on allowing cryptocurrency exchange applications and they even want to allow apps that facilitate initial coin offerings (ICO's), providing they comply with local laws.

"In addition, apps may not mine directly for cryptocurrencies, unless the mining is performed in the Cloud or otherwise off-device", it stated.

"Apps, including any third-party advertisements displayed within them, may not run unrelated background processes, such as cryptocurrency mining", Apple said under the hardware compatibility section of its App Store policy.

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The ban applies for apps designed explicitly with mining operations in mind. Any apps that facilitate ICOs, futures trading or other securities must be provided by established banks, securities firms and futures commission merchants (FCMs). "Under this new policy, the advertisement of Initial Coin Offerings (ICOs) and token sales will be prohibited globally", Twitter said.

The only limitation that Apple are putting down is that no apps will be allowed that encourage payments of cryptocurrencies or the incentivisation of cryptocurrencies to people who download certain apps or advertise certain cryptocurrency-based apps.

Apple has previously blocked apps for supporting cryptocurrencies it disapproves of.

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Apple has been pushing extension developers toward Safari App Extensions for a few years now.

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

Wallets coded by developers enrolled as an organisation are also allowed, as are apps that facilitate transactions or transmissions of cryptocurrencies, provided these are offered by the exchanges in question.

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Finally, the world's most valuable company has also mandated that apps do not offer cryptocurrency as rewards to users for completing tasks.

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