App Store Financial News

Apple has removed the world’s biggest cryptocurrency exchange Binance from its App Store after a show-cause notice was sent to nine such virtual digital asset (VDAs) service providers by the Finance Ministry for not complying with the country's money laundering laws. The company has also removed other apps like Kucoin, and OKX. The Financial Intelligence Unit, under the Finance Ministry, had last month issued show-cause notices to nine offshore VDA service providers, including Binance, for operating in the country without complying with money laundering laws. Last month, the Finance Ministry had also asked the IT Ministry to block the URLs of these crypto firms as they have been operating illegally in the country. Binance is already facing investigation in the US after being convicted of breaking anti-money laundering laws. Also Read | Bitcoin falls below $46,000 amid false ETF approval announcement

An apparent malicious app purporting to be crypto hardware wallet Trezor has been taken off Apple’s App Store, though a quick search has revealed that other copycat apps are still lurking.

Tech giant Apple is gearing up to permit third-party app stores on its devices to comply with new anti-monopolistic requirements from the European Union (EU), which could be seen as a huge win for crypto and NFT app developers, at least in Europe.

In the recently announced updates to its App Store Guidelines, Apple has eventually shed clarity around Non Fungible Tokens or NFTs.

Technology heavyweight Apple has clarified its App Store rules around nonfungible tokens (NFTs) and cryptocurrency exchanges marking the first time its codified specific rules for NFTs.

Major global e-commerce platform Shopify announced a partnership with Novel, a no-code Web3 commerce platform, to make Web3 technologies accessible and approachable for all merchants.

AMC Theatres, an American pro-crypto movie theater chain, updated its mobile app services to accept Dogecoin (DOGE), Shibu Inu (SHIB) and other cryptocurrencies as payment across the United States. 

The official digital yuan wallet app that was released as a pilot version to be used in select cities has still managed to top app store charts in its first week.