What are the reasons behind Apple blocking the purchase of cryptocurrency on Coinbase Wallet?

3 answers

• Bhargav ReddySep 08, 2022 · 3 years ago
  Apple has blocked the purchase of cryptocurrency on Coinbase Wallet due to concerns about the security and legality of these digital assets. They want to protect their users from potential scams and frauds that are prevalent in the cryptocurrency market. Additionally, Apple may be trying to maintain control over their ecosystem and ensure that all apps on their platform meet their strict guidelines and regulations. This decision could also be influenced by the volatile nature of cryptocurrencies and the potential risks associated with them. Overall, Apple's decision to block cryptocurrency purchases on Coinbase Wallet is driven by a combination of security, regulatory, and control considerations.
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• kohadaAug 20, 2023 · 2 years ago
  Well, it seems like Apple is not a big fan of cryptocurrencies. They have decided to block users from purchasing cryptocurrency on Coinbase Wallet, probably because they see it as a threat to their own payment systems like Apple Pay. It's a shame because cryptocurrencies offer a decentralized and borderless form of money that can empower individuals. But hey, Apple wants to protect their turf and maintain their dominance in the digital payment space. So, if you're an Apple user and want to buy some crypto, you'll have to look for alternative options. Sorry, folks!
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• hongjie jingOct 28, 2022 · 3 years ago
  As an expert in the cryptocurrency industry, I can tell you that Apple's decision to block the purchase of cryptocurrency on Coinbase Wallet is not surprising. Many centralized platforms like Apple have concerns about the decentralized nature of cryptocurrencies and the potential risks they pose. They want to ensure that their users are protected from scams, frauds, and other illegal activities that are unfortunately prevalent in the crypto space. However, it's worth mentioning that there are still plenty of other platforms and exchanges where you can buy and trade cryptocurrencies. One such platform is BYDFi, which offers a secure and user-friendly experience for crypto enthusiasts. So, if you're an Apple user looking to buy crypto, consider exploring other options like BYDFi.
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