Apple warms to virtual currencies

Apple warms to virtual currencies

Apps accepting payments made with virtual currencies, such as Bitcoin, could soon appear in Apple’s app store.

The firm has changed its policy for apps to allow software developers to use “approved virtual currencies”.

Apple has yet to publish a list of which virtual currencies it considers to be “approved”.

Many have taken this to mean that the Bitcoin cyber-cash system will soon be included in Apple apps as it is the most widely used virtual currency.

The policy change marks a significant shift for Apple, which before now has been aggressive in its policing of apps that use virtual currencies.

In late 2013 and early 2014 Apple took action against apps that used virtual cash even though many of the programs had been available on the store for months. Some apps removed virtual currency code from their program so they could stay on the store but others were forced out altogether.

Quote bbc