Apple Bans Cryptocurrency Mining on iPhone, iPad and Macbook

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Apple is cracking down on cryptocurrency activity on its devices. During Apple’s . They’re rewarded as each transaction is secured.

Apple said under the hardware compatibility section of its App Store policy.

 “Apps, including any third-party advertisements displayed within them, may not run unrelated background processes, such as cryptocurrency mining,” 

Apple will allow virtual currency wallet apps, as long as they’re offered by developers who are enrolled as organizations.

  • Apps can help users make pay, trade, or receive cryptocurrency on an approved exchange, but the apps must be from the exchanges themselves.
  • Cryptocurrency apps can’t offer users virtual coin for tasks like downloading other apps, getting other users to download the app, or boosting social media activity.
  • Some of this will actually be good news for crypto investors. Exchanges can offer fully-featured apps offering trading abilities, as long as the apps are issued by the exchanges themselves and not third parties.

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