Apple’s crypto guidelines spotlight ‘potential antitrust points’

Brian Armstrong, the chief government of Coinbase, believes Apple’s App Retailer guidelines have hampered the corporate’s product roadmap, accusing the iPhone-maker of banning options from their app and usually not being pleasant with the cryptocurrency trade.

“Apple thus far has probably not performed good with crypto, they’ve truly banned a bunch of options that we want to have within the app, however they only gained’t permit it — so there’s potential antitrust points there,” Armstrong mentioned.

Armstrong made the revelation on a podcast that he participated in throughout his journey to India earlier this month. Within the episode of Superteam Podcast, which aired this week, the co-founder of the publicly listed agency mentioned Apple’s affect and floated the concept that smartphones could quickly have to construct crypto-specific {hardware} options.

“There’s going to need to be crypto-compatible telephones that I believe may truly turn out to be fairly standard sooner or later,” he mentioned.

Apple didn’t reply to a request for remark.

Armstrong made the disclosure when he was requested about whether or not Coinbase would ever launch its personal {hardware} pockets. He mentioned the corporate already has some co-branded {hardware} pockets with Ledger, however he believes that the 2 main cellular working methods have to broaden their ecosystem of units to crypto.

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