Apple blocks the Coin base wallet on iOS. According to the details of a Coinbase tweet thread, iOS users will no longer be able to send NFTs from their wallets on iOS devices.
Coinbase is also mentioned in the tweet that Apple has blocked their latest app release until the feature is disabled by them.
Apple wants 30% of the gas allowance?
The main reason cited and cited by Coinbase is that “…the gas fees required to ship NFTs must be paid through their in-app purchase system so they can collect 30% of the gas fee.”
In addition, Coinbase said that for anyone who understands how NFTs and blockchain work, Apple’s request is impossible. “Apple’s own in-app purchase system doesn’t support crypto, so we can’t comply even if we try,” Coinbase was quoted as saying.
Coinbase also mentioned that this is similar to Apple trying to get reimbursed for every email sent over open internet protocols. One of the biggest problems with this move from Apple is that iOS users who keep their NFT in an iPhone wallet have to go through a lengthy process to transfer the NFT.
“Simply put, Apple has introduced new policies to protect their profits at the expense of consumer investment in NFTs and developer innovation across the crypto ecosystem.”
The move is sure to affect an entire sector of iOS users who keep their NFTs in their iPhone wallets. It is unclear whether the decision will be withdrawn and have an impact on the entire ecosystem.