Crypto sees windfall in Apple payments pivot after 27% cut – DL News
- A federal judge struck down the “Apple tax” on Thursday.
- Apple has long insisted on taking a cut on purchases made within and outside iPhone applications.
- Crypto stands to benefit from the change.
Crypto companies see a potential windfall after a federal judge on Thursday struck down the “Apple tax” — the tech giant’s policy of limiting user purchases made outside iPhone applications, where it takes a 30% cut.
“This is huge for integration with mobile wallets where users can spend their crypto directly … without having to pay extra fees,” Cygaar, a pseudonymous software developer at Abstract Chain, wrote on X.
“The days of having to use mobile web pages to buy/sell NFTs are over — apps can now enable NFT purchases…
