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Apple blocks Coinbase Wallet app release - requesting 30% of all NFTs transfer gas fees

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by COINS NEWS 138 Views

Coinbase Wallet on Twitter:

You might have noticed you can't send NFTs on Coinbase Wallet iOS anymore. This is because Apple blocked our last app release until we disabled the feature.

Apple’s claim is that the gas fees required to send NFTs need to be paid through their In-App Purchase system, so that they can collect 30% of the gas fee.

For anyone who understands how NFTs and blockchains work, this is clearly not possible. Apple’s proprietary In-App Purchase system does not support crypto so we couldn’t comply even if we tried.

This is akin to Apple trying to take a cut of fees for every email that gets sent over open Internet protocols.

Official tweet: https://twitter.com/CoinbaseWallet/status/1598354819735031809

Reuters: https://www.reuters.com/technology/coinbase-says-apple-blocked-its-last-app-release-nfts-wallet-2022-12-01/

Unblocked: https://12ft.io/proxy?q=https%3A%2F%2Fwww.reuters.com%2Ftechnology%2Fcoinbase-says-apple-blocked-its-last-app-release-nfts-wallet-2022-12-01

submitted by /u/Infineet
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