What impact did the apple to app stores overhaul have on the cryptocurrency market?

3 answers

• Samuel MarxgutAug 22, 2020 · 5 years ago
  The recent overhaul of the Apple app stores had a significant impact on the cryptocurrency market. With the new guidelines and policies, Apple tightened its regulations on cryptocurrency-related apps. This led to the removal of many cryptocurrency wallets and trading apps from the app store, making it more difficult for users to access and trade cryptocurrencies on their iOS devices. As a result, the trading volume and adoption of cryptocurrencies among iOS users decreased. However, this also pushed developers and cryptocurrency companies to explore alternative solutions and develop web-based platforms that could bypass the app store restrictions.
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• Death NoteAug 09, 2021 · 4 years ago
  The apple to app stores overhaul had a mixed impact on the cryptocurrency market. On one hand, the stricter regulations and removal of certain cryptocurrency apps made it more challenging for users to engage in cryptocurrency trading on their Apple devices. This caused a temporary decline in trading volume and adoption. On the other hand, the overhaul also forced cryptocurrency companies to improve the quality and security of their apps to meet Apple's guidelines. This ultimately led to a more trustworthy and reliable ecosystem for iOS users interested in cryptocurrencies.
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• hemanth kothaOct 14, 2023 · 2 years ago
  As a representative of BYDFi, a leading cryptocurrency exchange, I can say that the apple to app stores overhaul had a significant impact on the cryptocurrency market. The removal of certain cryptocurrency apps from the app store affected the accessibility and convenience of trading cryptocurrencies for iOS users. However, it also prompted us to enhance our web-based platform and provide a seamless trading experience for iOS users. We believe that this shift will ultimately benefit the cryptocurrency market by encouraging innovation and improving the overall user experience.
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