Apple’s Crypto Policy Explained: What You Can and…
By Damilola Esebame
AI summary of the source article
Apple permits crypto exchange and wallet apps on its App Store while barring on-device mining and blocking crypto purchases via Apple Card. Apple Wallet cannot natively store tokens, though third-party crypto debit cards function through Apple Pay.
Why it matters
The text notes that "Understanding these boundaries matters for anyone holding or spending digital assets through Apple products," as Apple controls how millions of users interact with cryptocurrency daily.
Key facts
- Apple prohibits on-device crypto mining under Sections 3.1.5 and 2.4.2 of its App Store Review Guidelines.
- The Apple Card customer agreement categorizes crypto purchases as cash equivalents alongside casino chips and lottery tickets, automatically declining them.
- Apple Wallet cannot natively store cryptocurrencies, but third-party Visa and Mastercard crypto debit cards function through Apple Pay.
Source excerpt · FinanceFeeds
KEY TAKEAWAYS Apple permits cryptocurrency exchange and wallet apps on its App Store but strictly prohibits on-device mining operations under Section 3.1.5, Cryptocurrencies, of its App Store Review Guidelines, with Section 2.4.2 also prohibiting on-device mining. The Apple Card customer agreement classifies cryptocurrency purchases alongside casino chips and lottery tickets, effectively blocking…