Crypto-mining apps have been blocked from any Apple mobile products. An update revealed that from the guidelines of specific apps promoting cryptocurrency exchange and/or initial coin offerings (ICOs) must follow all relevant state and federal laws, and now Apple increases the initial guidelines on cryptocurrencies.
Apple’s policy on wallets, mining, exchanges, ICOs, and rewards that take the form of cryptocurrency is what the guidelines follow through.
The most important among them is the updated policy blocking any apps used on an Apple product from mining for cryptocurrencies unless performed “off device”. The reason behind this sudden change appears to be related to Apple’s policies on hardware compatibility.
“Design your app to use power efficiently. Apps should not rapidly drain the battery, generate excessive heat, or put unnecessary strain on device resources. Apps, including any third party advertisements displayed within them, may not run unrelated background processes, such as cryptocurrency mining.”
The pre-emptive measures taken by the company regarding the updates to Apple’s official policy were to secure down on app development facilitating cryptocurrency trade.
Apple pulled an app by Blockchain that was provided towards bitcoin trading and storage on Apple devices back in 2014. The previous year, another bitcoin wallet app by a cryptocurrency exchange company recognized as Coinbase was also de-listed. Apps for those startups have since recovered to Apple’s online store.