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Litigation Between Apple and Epic Could Positively Impact the Crypto Industry

Zachary Pearce by Zachary Pearce
September 10, 2021
in Cryptocurrency
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Litigation Between Apple and Epic Could Positively Impact the Crypto Industry
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US Judge Yvonne Gonzalez Rogers ruled that developers are no longer required to use Apple’s payment system in their apps.

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This decision could be extremely important for the crypto industry. The crypto community also sees this development as extremely important.

Ran Neuner, host of Crypto Trader on CNBC, said that the decision was “pretty big” for crypto assets.

Hayden Adams, CEO of Uniswap Labs, also said that the lawsuit between Apple and Epic bodes well for the crypto industry.

Epic, the producer of famous games such as Gears of War and Fortnite, has taken Apple to court over the issue of in-app purchases. Apple was charging a 30% commission on in-app purchases.

Due to this policy of Apple, Epic added its own payment method to Fortnite. For this reason, Apple has removed the game from the App Store.

Due to the court’s decision, game developers may consider alternative payment options to avoid paying commissions. This is seen as a huge advantage for the crypto industry.

The trial is still ongoing. The judge’s injunction will take effect within 90 days. There is no word yet on whether Apple will appeal the decision.


Risk Disclosure: The articles and articles on Arover.net do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies.

Tags: AppleCryptoEpicimpactIndustryLitigationPositively
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