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Saturday, June 14, 2014

Apple Allowing Virtual-Currency Transactions in Applications

Software developers can now offer virtual-currency transactions in their Apple-based applications for iPhones and iPads. Apple revamped its App Store guidelines to permit applications to process transactions with, according to the Apple developer blog, “approved virtual currencies provided that they do so in compliance with all state and federal laws for the territories in which the app functions.” Apple has not yet released a list of “approved” virtual currencies. Apple previously removed applications using virtual cash from its online store. In response, some developers reportedly deleted virtual currency coding from their programs so that they could remain in the store. Google Android currently supports transactions using several different types of virtual currency. (Reuters)(BBC)(Apple)


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