App Store: Apple must explain itself on the management of cryptocurrency apps

A few hours after the results are presented, new criticisms are heard on the App Store, and this time it is about fake cryptocurrency apps. Some are in fact pure scams, so much so that a US senator expressed concern directly to Tim Cook, via an official letter.

Icing on the cake, it’s not just anyone but Sherrod Brown, President of theUS Senate on Banking, Housing, and Urban Affairs. Expert in the matter, he asks what control or reporting procedure crypto apps have been established by Apple to verify, test and (eventually) remove dubious apps, before and after they are available for download on the App Store. He also takes the opportunity to cite some of them, which are rather suspicious!

In its guidelines, Apple does give some constraints on mining, trading in cryptocurrency futures and other crypto securities transactions. Similarly, cryptocurrency apps may not offer currency for performing tasks, such as downloading other apps, encouraging other users to download, or posting to social media.

Even though Cupertino prides itself on having such a very strict rules system, the senator wishes to have more details. He’s asking for a little more transparency – a trendy word – from him, with a small ultimatum to August 10 for the answer. Note that an identical letter was sent to the CEO of Google, Sundar Pichai.

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