Apple has released a new ruling for publication and use of cryptocurrency apps in its App Store. The company has revised requirements for wallets, exchanges, ICO and mining software.
As the company stated in its official statement, the new rules cover a ban on the placement of the application for crypto mining on the company's devices, though cloud mining remains permitted.
"Apps may facilitate virtual currency storage, provided they are offered by developers enrolled as an organization...In terms of mining, Apps may not mine for cryptocurrencies unless the processing is performed off the device (e.g. cloud-based mining)," the company statement reads.
As for ICO, the release read that Apps must be provided by banking, financial institutions, firms in the field or other approved companies. Moreover, they have to come in line with the effective law.
The new rules have also covered cryptocurrencies, so now digital coins cannot be offered in the store for completing the task "such as downloading other apps, encouraging other users to download, posting to social networks".
Earlier, the company allowed to add Monero coin to existing and new apps for iOS devices in the App Store.