According to a Reddit post, Coinbase might also be removing DApp support from its app. This, according to the post, is the only way to “comply with App Store policy” and probably prevent the app from being taken down by Apple. The post suggests that people can still access popular DApps via desktop using the Coinbase Wallet.
Armstrong also explains the implications of Apple’s new policy. Referring to DApps and decentralized finance (DeFi), he says:
“This is an important area of innovation in finance, and many developers and early adopters of this technology have millions of dollars worth of crypto tied up in these financial applications, which they will no longer be able to use on Apple mobile devices if this app store policy continues.”
Image Credits: Pixabay
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