Published: Tue, June 12, 2018
Technology | By Russell Knight

Apple Prohibits App-Based Cryptocurrency Mining

Apple Prohibits App-Based Cryptocurrency Mining

However, since Mac users can download third-party programs from outside the Mac App Store, it's likely that mining will still occur on that platform without Apple's blessing.

The guidelines reference cryptocurrency mining in two places, in a section about power efficiency (2.4.2) and a separate Cryptocurrencies section (3.1.5). For instance, apps facilitating any exchange or transfer of cryptocurrencies like bitcoin were mandated to abide in compliance with all federal and relevant state laws of its offering. That's 52.2 Million news homes for the wealth of App Store apps that are being created, under these new Apple guidelines.

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The ban applies for apps designed explicitly with mining operations in mind. According to Apple, "Apps, including any third party advertisements displayed within them, may not run unrelated background processes, such as cryptocurrency mining".

Apple's decision to kill off support and stop accepting new applications for Safari Extensions is clearly meant to encourage iOS 12 and macOS 10.14 developers to embrace the newer App Extensions platform moving forward. Apps may "facilitate transactions or transmissions of cryptocurrency on an approved exchange, provided they are offered by the exchange itself", although apps facilitating Initial Coin Offerings ("ICOs") must originate from "established banks, securities firms, futures commission merchants ("FCM"), or other approved financial institutions".

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Apple's tough stance on mining is probably for the best. While this particular adjustment may not seem to be a developer-friendly move at first glance because of its restrictive nature, it will actually be a boon for devs who create apps that offer cryptocurrency transactions.

Some are speculating that this change is due, in part, to an open letter recently penned by a group calling themselves the Developers Union that requested Apple overhaul its App Store policies.

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Finally, the world's most valuable company has also mandated that apps do not offer cryptocurrency as rewards to users for completing tasks.

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