13 Jan 2025

Apple to allow third-party apps on IOS

Apple to allow third-party apps on IOS

According to Bloomberg, Apple’s monopoly abuse is coming to an end. After a scandal involving Coinbase, Apple Inc’s management decided to give ground to third-party application developers.

On this page

Apple is forced to change its lock-in policy to comply with new EU regulations that came into effect after the Digital Markets Act was passed. This law requires all tech companies operating in Europe to provide the ability to install third-party apps on their devices by 2024. All developers should have equal access to the core functionality of apps and services. 

This means that iPhone and iPad users will be able to download new apps bypassing the App Store or install apps that are not available in the store without having to jailbreak their devices. 

Apple has been trying to avoid these changes for a long time, explaining that downloading apps that are not listed on the App Store could lead to security issues. Monopolist still insists that after the restrictions are lifted, Apple users may lose control over their personal data and suffer virus attacks. 

However, app developers will certainly feel some relief, because now they can bypass Apple restrictions (which, for example, block apps even with slightly erotic content). This also means that they will be able to develop iOS apps and list them on other stores (including Google Play), thus avoiding the 30% fee that Apple charges on all transactions in the official store. 

Apple’s super-high tax has driven developers crazy for a long time. And the public wrangling with Coinbase and the ban of Fortnite Epic Games seems to have become the straw that broke the camel’s back. 

This move could be quite a boost for the NFT community, as right now iOS apps for marketplaces like OpenSea and Magic Eden do not allow users to buy and sell through the app. Users can only view their NFTs, which significantly limits trading volumes on the Web3 platforms. 

The content on The Coinomist is for informational purposes only and should not be interpreted as financial advice. While we strive to provide accurate and up-to-date information, we do not guarantee the accuracy, completeness, or reliability of any content. Neither we accept liability for any errors or omissions in the information provided or for any financial losses incurred as a result of relying on this information. Actions based on this content are at your own risk. Always do your own research and consult a professional. See our Terms, Privacy Policy, and Disclaimers for more details.

Articles by this author

Latest News

MORE
The Future of Crypto in 2025: Fidelity’s Predictions

The Future of Crypto in 2025: Fidelity’s Predictions

What’s next for the biggest cryptocurrencies in 2025? Fidelity Digital Assets analyst Chris Kuiper shares insights on how Bitcoin will navigate volatility, Ethereum will address scaling challenges, and stablecoins will adapt to evolving regulations.

13 Jan 2025
The Crypto Rollercoaster of 2024 — Wins and Woes

The Crypto Rollercoaster of 2024 — Wins and Woes

The crypto sector evolved at breakneck speed in 2024. With major wins and notable setbacks, it’s time to reflect on the year’s key developments and their implications for the future.

31 Dec 2024
OpenSea Token: Release Date and How to Qualify for the Airdrop

OpenSea Token: Release Date and How to Qualify for the Airdrop

The NFT marketplace OpenSea, a pioneer in the space for the past seven years, is expected to launch its native token in 2025. A significant portion of the tokens will likely be distributed through a retroactive airdrop—a common way to reward the community for their past activity and support.

30 Dec 2024
5 Most Exciting Token Launches to Watch in 2025

5 Most Exciting Token Launches to Watch in 2025

In 2024, we saw a number of hot airdrops and token launches, from AI-powered projects to the rise of memecoins. Now, as we head into 2025, the crypto space is set to expand even further with an increasing number of cryptocurrencies.

27 Dec 2024

Latest News Alt

MORE
OKX Exchange: Avoid Common Mistakes When Trading Cryptocurrency

OKX Exchange: Avoid Common Mistakes When Trading Cryptocurrency

Practical Guide to Using the OKX Exchange OKX, formerly OKEx, started as a platform for cryptocurrency swaps. As it gained popularity, it expanded its services to become a full-scale exchange, supporting the buying and selling of a wide range of crypto assets. In January 2022, the platform rebranded, simplifying its name by removing the “Ex” […]

11 Jan 2025
Weekly Analysis of BTC, ETH, and the Stock Market (Jan 6, 2025)

Weekly Analysis of BTC, ETH, and the Stock Market (Jan 6, 2025)

An overview of BTC, ETH, XAUT, and S&P500 charts, along with the current cryptocurrency market dynamics.

06 Jan 2025
Weekly Analysis of BTC, ETH, and the Stock Market (Dec 30, 2024)

Weekly Analysis of BTC, ETH, and the Stock Market (Dec 30, 2024)

An overview of BTC, ETH, XAUT, and S&P500 charts, and the current cryptocurrency market dynamics.

30 Dec 2024

Might Be Interesting

MORE
Mining Farms Uncovered — How Crypto Is Mined at Scale

Mining Farms Uncovered — How Crypto Is Mined at Scale

As a cornerstone of the crypto industry, mining farms drive blockchain networks. But how do they work? Uncover the mechanics behind these cutting-edge hubs and their role in the crypto landscape.

07 Jan 2025
William Quigley, WAX/Tether: Stablecoins’ Role in Global Payments

William Quigley, WAX/Tether: Stablecoins’ Role in Global Payments

William Quigley, co-founder of WAX and Tether, firmly believes that stablecoins are more than a tool for traders—they’re the key to transforming the global economy. Already central to crypto trading and cross-border payments, their future potential is even more exciting.

04 Jan 2025
Why Blockchain Is Different from Traditional Databases

Why Blockchain Is Different from Traditional Databases

In the world of business and finance, information is everything. Traditional databases have been reliable tools for decades, but blockchain presents a groundbreaking alternative. What sets it apart, and could it lead to a paradigm shift?

03 Jan 2025
How Does Multisig Works and Protect Your Assets?

How Does Multisig Works and Protect Your Assets?

As threats to digital assets evolve, multisig technology provides a highly effective security layer. By requiring multiple signatures for transactions, it significantly reduces risks such as hacking and access loss.

02 Jan 2025
Crypto Price Gaps: Why Platforms Show Different Prices

Crypto Price Gaps: Why Platforms Show Different Prices

The crypto market has nuances you may not have noticed at first glance. For example, when you want to check the Bitcoin price, you probably Google it without thinking to compare the results. But when you monitor the market regularly and engage in trading, you notice the prices aren’t the same on all platforms.

24 Dec 2024
The Czech Republic and Its Crypto-Friendly Policies

The Czech Republic and Its Crypto-Friendly Policies

The Czech Republic is emerging as a crypto-friendly nation, recognizing cryptocurrencies as legitimate payment methods and encouraging their use in business. But its regulatory framework is still taking shape. Here’s how crypto is managed today.

23 Dec 2024

Opinions

8 Commandments for Crypto Exchange Users

8 Commandments for Crypto Exchange Users

While cryptocurrency exchanges offer many security features, they are still vulnerable to hacks, fraud, and other criminal activity. Remember, no online platform can guarantee 100% protection for your funds. Follow these eight key rules to reduce your risks. Rule #1: Don’t Believe in the Myth of Absolute Exchange Security Even the largest and most seemingly […]

12 Jan 2025
10 Key Investment Trends to Watch in 2025: Green Crypto, Regulations, and More

10 Key Investment Trends to Watch in 2025: Green Crypto, Regulations, and More

Donald Trump is back, Germany’s economy is in trouble, while U.S. economic indicators seem to have a robust momentum, and interest rates are sliding downhill. Sounds dramatic? It is. But 2025 isn’t all doom and gloom—it’s full of opportunities for investors who know where to look. Whether you’re a seasoned pro or someone still figuring […]

12 Jan 2025
MORE

Interviews

Dmytro Gordon and Volodymyr Nosov: A Sensational Interview

Dmytro Gordon and Volodymyr Nosov: A Sensational Interview

Volodymyr Nosov, CEO of Europe’s largest crypto exchange WhiteBIT, sat down with Dmytro Gordon, one of Ukraine’s most prominent journalists. The interview touched on Bitcoin, crypto, WhiteBIT, cars, keys to success, and business vision.

18 Dec 2024
WhiteBIT CEO: Standing Strong Against Russian Aggression

WhiteBIT CEO: Standing Strong Against Russian Aggression

In an interview with BTC-ECHO, Volodymyr Nosov, the founder and CEO of WhiteBIT, discussed the impact of Russian aggression on the crypto exchange’s business, how WhiteBIT stays a top competitor in the industry, and when he believes our financial system will be completely transformed.

04 Oct 2024
MORE