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Apple VASP Rules

The document summarizes Apple's updated guidelines for crypto apps in the App Store. It states that crypto exchange apps can only facilitate transactions on approved exchanges and only in countries where the app has the proper licensing. Crypto wallet apps must be offered by enrolled developer organizations. Apps are prohibited from crypto mining or offering currency for tasks, except if mining is performed off-device. Developer apps also cannot use their own mechanisms to unlock content like crypto wallets. Digital gifts and coupons redeemable for digital goods are also affected and subject to Apple's 30% fee.

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65 views5 pages

Apple VASP Rules

The document summarizes Apple's updated guidelines for crypto apps in the App Store. It states that crypto exchange apps can only facilitate transactions on approved exchanges and only in countries where the app has the proper licensing. Crypto wallet apps must be offered by enrolled developer organizations. Apps are prohibited from crypto mining or offering currency for tasks, except if mining is performed off-device. Developer apps also cannot use their own mechanisms to unlock content like crypto wallets. Digital gifts and coupons redeemable for digital goods are also affected and subject to Apple's 30% fee.

Uploaded by

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Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Apple VASP Rules

Only In-App Purchase Currencies May Be Used

In its updated guidelines for apps in the Apple App Store unveiled on October 24, Apple Inc. said crypto exchange
apps “may facilitate transactions or transmissions of cryptocurrency on an approved exchange.” In addition, such
transactions can only be offered “in countries or regions where the app has appropriate licensing and permissions to
provide a cryptocurrency exchange.”

The technology company also clarified that crypto wallet apps “may facilitate virtual currency storage, provided they
are offered by developers enrolled as an organization.” However, according to the new guidelines, apps are
prohibited from mining crypto and offering “currency for completing tasks, such as downloading other apps.” The
only exception to the crypto-mining prohibition is when “the processing is performed off [the] device.”
Besides limiting the use of the crypto-transferring apps, the latest guidelines state that developer apps “may not use
their own mechanisms to unlock content or functionality, such as license keys, augmented reality markers, QR codes,
cryptocurrencies and cryptocurrency wallets.”

Similarly affected by this requirement are digital gift cards, certificates, vouchers, and coupons which are
redeemable for digital goods or services. Apps utilizing the App Store’s in-app purchase function are subject to
Apple’s 30% fee, which has been criticized by app creators in the past.

Apple Developer link on App submission:


https://developer.apple.com/app-store/review/guidelines/#safety
Before You Submit

To help your app approval go as smoothly as possible, review the common missteps listed below that can slow down the review
process or trigger a rejection. This doesn’t replace the guidelines or guarantee approval, but making sure you can check every
item on the list is a good start. If your app no longer functions as intended or you’re no longer actively supporting it, it will be
removed from the App Store.
Make sure you:

• Test your app for crashes and bugs


• Ensure that all app information and metadata is complete and accurate
• Update your contact information in case App Review needs to reach you
• App Review with full access to your app. If your app includes account-based features, provide either an active demo account or fully-featured demo mode,
plus any other hardware or resources that might be needed to review your app (e.g. login credentials or a sample QR code)
• Enable backend services so that they’re live and accessible during review
• Include detailed explanations of non-obvious features and in-app purchases in the App Review notes, including supporting documentation where
appropriate
• Check whether your app follows guidance in other documentation, such as:
I contacted Apple Developer Program support team and I am awaiting for their
response:

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