Hi-Tech

Apple’s App Store officially bans cryptocurrency mining

Apple’s App Store officially bans cryptocurrency mining

In a separate clause on designing power efficient apps, the company said that "apps should not rapidly drain battery, generate excessive heat, or put unnecessary strain on device resources", adding that they "may not run unrelated background processes, such as cryptocurrency mining".

The ban is clearly spelled out in the new set of developer guidelines for the App Store released during Apple Worldwide Developers Conference (WWDC), which took place last week. The revised guidelines introduced subpoint (ii), which instructs that "Apps may not mine for cryptocurrencies unless the processing is performed off device (e.g. cloud-based mining)".

The new rules ban any app from directly mining cryptocurrency. As per Apple Insider, Apple's crypto-related guidelines were originally created in 2014 after the app store unlisted Coinbase and other cryptocurrency apps stating some unresolved issue.

After the cryptominer was found to contain buggy code that made CPU usage on users devices spike, Apple pulled Calendar 2 from the macOS App Store. "Under this new policy, the advertisement of Initial Coin Offerings (ICOs) and token sales will be prohibited globally", Twitter said.




The company also warned developers that any apps that facilitate initial coin offerings (ICOs) and cryptocurrency futures trading must come from established banks and approved financial firms.

The tech giants of the world (and probably the entire galaxy), Apple, have recently updated the rules and regulations for developers who wish to develop applications which will be available for download on the Apple App Store. Wallet apps for crypto are fine, as long as the developer is enrolled as an organization. The updated standards should help protect App Store users and ensure the longevity of Apple devices.

Apps may "facilitate transactions or transmissions of cryptocurrency on an approved exchange, provided they are offered by the exchange itself". Cryptocurrency apps can't offer users virtual coin for tasks like downloading other apps, getting other users to download the app, or boosting social media activity.