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Apple relaxes cryptocurrency rules in US App Store Apple updated its iOS App Store review guidelines after a court ruling this week, relaxing restrictions on developers in the U.S. App Store. The new rules allow developers to offer external payment methods in their apps and support users to purchase non-fungible tokens (NFTs) through third-party marketplaces. It is worth noting that cryptocurrency apps still need to comply with strict Apple regulations, including prohibiting the provision of reward tokens for completing tasks, prohibiting initial coin offerings (ICOs), and prohibiting the use of user devices for mining. (Decrypt)

Apple Relaxes App Store Rules in the United States Regarding Cryptocurrency

This treemap shows which tokens dominate DeFi activity right now. And then they tell you stables are not the killer app of crypto.

Apple eases NFT and crypto rules for iOS apps @Apple has updated its iOS App Store guidelines following a U.S. court ruling, now allowing developers to offer external payment methods and enable NFT purchases from secondary marketplaces. The changes apply to U.S. apps and lift

Bitcoin rewards and payments platform Fold is the first publicly traded company of its kind on the Nasdaq. Bitcoin (BTC) is going more mainstream with each passing week. On Friday, May 2, Fold held an Opening Bell ceremony at the Nasdaq headquarters to celebrate its public listing. Trading under the ticker $FLD, it is the first publicly traded company focused specifically on Bitcoin financial services. “Ringing the bell at Nasdaq is a celebration of the journey from Bitcoin’s edges to the heart of global finance. We’re proud to represent the everyday use of Bitcoin in a market long dominated by speculation,” Will Reeves, CEO of Fold. Fold operates a Bitcoin rewards app tied to credit card purchases. Every time users make purchases with their card, Fold gives them cashback, in Bitcoin. Users can then withdraw the earned Bitcoin to personal wallets, hold it, or spend it directly through Fold’s app. This creates a user-friendly way for consumers to gain exposure to Bitcoin through everyday spending. 📣 Introducing the Fold Bitcoin Rewards Credit Card It pays to be a Fold+ Credit Cardholder ☑️2% Unlimited Bitcoin Rewards ☑️Up to $250 Welcome Bonus ☑️Free Metal Card Join and climb your way to the top of the waitlist. $200,000 of prizes await! Sign-up link and blog 👇 pic.twitter.com/kSrvKAgXQA To provide these rewards, Fold has partnered with major credit card issuers. Its 2023 partnership with Visa enabled the company to expand into Europe, Latin America, and the Asia-Pacific regions. This allows users to receive Bitcoin cashback on nearly any purchase. Cashback is a popular way for credit card issuers to attract customers. For every purchase on a card, users get a small percentage of their purchase back into their account. These are either applied to their credit card bills or received as a deposit. The company went public on February 19, with a SPAC merger with FTAC Emerald Acquisition Corp. This is a popular route for private companies to go public, without the traditional initial public offering. IPO’s usually mean that companies face significant scrutiny from regulators, which can be very costly.