Apple Falls for Bitcoin, Finally!

0
117

Apple Falls for Bitcoin, Finally!

ForexMinute.com – After removing a series of Bitcoin-centered applications from its App Store, Apple had made it stand clear on the world’s leading digital currency. The techno-raids were a clear example, showing how Apple doesn’t want to involve itself in the murky propositions of Bitcoin, and thus removed the highly downloaded wallet apps – the last one being Blockchain which was blocked on February 6.

However, there might have been a slight modification in Apple’s perspective towards Bitcoin recently, as the ultra-renowned tech company has approved one app to its App Store that is concerned with Bitcoin. This new app is Bitple – a virtual Bitcoin trading simulator. Although, the app never tries to make users trade Bitcoin in real life, it generally is more of a platform that helps them try out Bitcoin trading.

**relatedarticle**

Bitple gives its users a large sum of play money, which can be used to buy and sell Bitcoin in a virtual environment, doing no harm to the existing Apple’s polices on cryptocurrencies. As per now, Apple believes that “Apps must comply with all legal requirements in any location where they are made available to users. It is the developer’s obligation to understand and conform to all local laws.”

Bitple, on the other hand, is more of an educational app that provides a virtual environment to practice Bitcoin trading, based on the actual market conditions. It is just an emulator of an actual trading environment, and has thus approved by the Apple without any hassle.

Android meanwhile is comfortably supporting Bitcoin-centered apps but is continually subjected to malware and other technological norms.

To contact the reporter of the story: Yashu Gola at yashu@forexminute.com

You can also subscribe our daily newsletter by visiting www.forexminute.com/newsletter