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Coinbase claims that Apple “blocked its last” Wallet iOS app release, which goes against the App Store’s in-app purchase policy. In a series of T witter posts, Coinbase Coinbase Wallet says Apple blocked the latest release of its app in an effort to “collect 30% of the gas fee” for NFTs through in-app purchases. Crypto exchange Coinbase (COIN) has disabled non-fungible token (NFT) transfers on its iOS wallet app because of a dispute with Apple (AAPL) over the company’s in Seeking 30% of gas fees related to NFT transactions, Apple blocked a version of Coinbase Wallet that let users to send them from iOS devices. Coinbase, the publicly traded company that operates as a centralized crypto exchange platform, revealed that its Wallet iOS application no longer supports Non-Fungible La plataforma afirmó que Apple quería que Coinbase Wallet deshabilitara las transacciones de NFT, introduciendo nuevas políticas para proteger sus ganancias a

Apple Blocks Coinbase Wallet Release on iOS: The NFT Gas Fee Dispute

Coinbase is embroiled in a major dispute with Apple after the tech giant allegedly blocked a recent Coinbase Wallet iOS app release. Coinbase claims that Apple “blocked its last” Wallet iOS app release, which goes against the App Store’s in-app purchase policy. This conflict centers around Apple’s reported demand for a 30% commission on NFT gas fees.

Coinbase Accuses Apple of Seeking 30% of NFT Gas Fees

In a series of Twitter posts, Coinbase Wallet says Apple blocked the latest release of its app in an effort to “collect 30% of the gas fee” for NFTs through in-app purchases. This demand, according to Coinbase, effectively stifles innovation and imposes an unreasonable tax on crypto users.

NFT Transfers Disabled on iOS Coinbase Wallet

As a direct result of this disagreement, crypto exchange Coinbase (COIN) has disabled non-fungible token (NFT) transfers on its iOS wallet app. Seeking 30% of gas fees related to NFT transactions, Apple blocked a version of Coinbase Wallet that let users to send them from iOS devices. This feature is now unavailable to users of the iOS version of the wallet.

Coinbase's Stance on Apple's App Store Policy

Coinbase, the publicly traded company that operates as a centralized crypto exchange platform, revealed that its Wallet iOS application no longer supports Non-Fungible Tokens (NFTs) transfers. La plataforma afirmó que Apple quería que Coinbase Wallet deshabilitara las transacciones de NFT, introduciendo nuevas políticas para proteger sus ganancias.

Impact on Coinbase Wallet Users

The blocking of the Coinbase Wallet release and the subsequent disabling of NFT transfers has significant implications for users. iOS users are now unable to seamlessly transfer NFTs using the Coinbase Wallet app, forcing them to seek alternative solutions. The dispute highlights the ongoing tension between traditional app store policies and the decentralized nature of blockchain technology.

Looking Ahead: Will Apple and Coinbase Reach a Resolution?

The future of Coinbase Wallet on iOS remains uncertain. Whether Apple and Coinbase can reach a compromise that satisfies both parties is yet to be seen. This situation underscores the growing need for clarity and consistency in app store policies regarding cryptocurrency and NFTs.

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