In a tweet on August 23, Coinbase CEO Brian Armstrong denounced Apple for being “very restrictive and hostile” to the cryptocurrency industry in recent years. Even today, Apple is still blocking some functionalities in the crypto area. He explains that the company is blocking Coinbase Earn, an initiative that allows users to earn crypto by learning about it. The company also blocks dApp browsers based on decentralized protocols:
“Apple has been very restrictive and hostile to cryptocurrencies over the years. At the moment they are still blocking some features, including the ability to make money with the cryptocurrency by completing tasks and unrestricted use of dApp browsers. “
A long history of hostility
As early as December, Coinbase informed its customers that it had to remove the dApp browser functionality from its app in order to comply with the rules of the AppStore.
Armstrong said it was “really unfortunate” that Apple customers cannot use dApps:
“This is an important area of innovation in finance and many developers and early adopters of this technology have tied up millions of dollars worth of crypto in these financial applications. You will no longer be able to use these on Apple mobile devices if this AppStore policy is continued ”.