The dispute between Coinbase and Apple explained

Apple not so fond of NFT based apps

What's the news?

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What Apple want?

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Apple Exercising Monopoly

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NFT Apps boycott Apple

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Coinbase Statement

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What Apple has to say?

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Also Read:

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We're on You Tube

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Apple not so fond of NFT based apps

Apple not so fond of NFT based apps

What's the news?

What's the news?

Coinbase iOS wallet has deactivated the function of NFT transfer. Apple has blocked the Coinbase wallet app for the following reasons shared next

What Apple want?

What Apple want?

In a tweet, Coinbase stated that Apple wants all the NFT gas fees to be paid using its in-app purchase system

Apple Exercising Monopoly

Apple Exercising Monopoly

Apple has imposed flat 30% commission on all NFT transactions. It's in-app purchase system if used by NFT apps will make the NFTs 30% more costly

NFT Apps boycott Apple

NFT Apps boycott Apple

Before the Coinbase wallet app ban, NFT marketplaces like Magic Eden have scrapped their plans to launch apps on iOS due to high commission structure

Coinbase Statement

Coinbase Statement

Coinbase has stated that its impossible to agree to Apple terms because the gas fee can only be paid via crypto which isn't possibe in Apple Pay.

What Apple has to say?

What Apple has to say?

Apple hasn't responded to the tweet shared by Coinbase and there's no public statement relased yet.

Also Read:

Also Read:

1..Japan CBDC Plan

1..Japan CBDC Plan

2..Sun buying FTX?

2..Sun buying FTX?

3..India launches CBDC-R

3..India launches CBDC-R

We're on You Tube

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