Apple is cracking down on crypto exchanges, and they're now mandating all of them that are listed on the app store to have the appropriate licensing and permissions in the regions they operate in. It's either a sign that Apple is either super confident that it can capture crypto and NFT users regardless of its rules, or it doesn't give a fuck. Reddit just launched this NFT wallet offering earlier this summer,. And at this point, sales volumes have now exceeded $6.7 million, according to Dune.
Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious.For our Thursday episode where we discuss the latest in crypto news, we talked about Apple’s new App Store guidelines announced this week and how they could make life harder for NFT exchanges and crypto companies looking to grow through mobile adoption. We also discussed:
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Chain Reaction comes out every Thursday at 12:00 p.m. ET, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.