Apple updates app guidelines to allow ‘approved’ virtual currencies | iLounge News

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Apple updates app guidelines to allow ‘approved’ virtual currencies

Apple has updated its App Store Review Guidelines to allow transmission of certain approved virtual currencies, Reuters reports. Section 11.17 in the guidelines states: “Apps may facilitate transmission of approved virtual currencies provided that they do so in compliance with all state and federal laws for the territories in which the app functions.” It’s unclear which virtual currencies would be allowed under the updated guidelines; Apple provided no further details and didn’t issue a response to the report.

Apple previously pulled Blockchain, a popular Bitcoin wallet, from the App Store in February. Blockchain CEO Nic Cary told Bitcoin news service newsBTC that he is “cautiously optimistic” about the recent change, and plans on resubmitting the Blockchain iOS app for approval.

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