Apple’s 30% tax rules will stay for now, crypto and NFTs may have to wait
Crypto app developers hoping for a loosening of Apple's App Store rules will have to wait longer after a United States Supreme Court held off on granting a request to let apps direct users to payments outside of Apple’s ecosystem.
An Aug. 9 decision from Justice Elena Kagan declined to let a federal appeals court decision take immediate effect as Epic had asked — with no explanation for the decision.
Not surprisingly, the Supreme Court (by decision of Justice Kagan, who is the SCOTUS judge to whom such 9th Cir. matters are assigned) denied Epic Games' motion to enforce the injunction it won in district court 2 years ago.Epic was right; legal standard favored Apple.1/3 pic.twitter.com/UnpnphgapG
In April, the Court of Appeals for the Ninth Circuit ruled Apple violated California’s competition laws by not allowing apps to direct users to non-Apple linked payment solutions.
The ruling meant that developers such as Epic Games would be able to funnel users to alternative payment methods, giving them an option that circumvents Apple’s 30% tax on in-app payments.
The 30% Apple tax has also been a hurdle for crypto firms, including those that want to offer iOS users the ability to purchase non-fungible tokens.
At the moment, there exists no means to buy an NFT on an app listed on Apple’s App Store other than through its in-app payments system, which charges a 30% commission rate and only allows purchases using fiat.
Apple has REALLY tight rules regarding any app that is used on their devices. typically they require a 30% tax on all financial transactions, but bc that's impossible with crypto the way it is, they just ban the apps that have direct links/usage to swapping and trading.
Apple’s guidelines don’t allow apps to take crypto
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