The US Department of Justice (DOJ) has taken legal action against Apple Inc., accusing the tech giant of monopolizing the app market and impeding competition. This move could have significant implications, particularly for the crypto sector.
The lawsuit, filed in a New Jersey federal court on March 21, alleges that Apple's dominance in smartphones forces developers to use its payment system, subjecting them to a 30% tax.
Following the allegations, Apple's stock price experienced a 3.8% decline, reflecting investor concerns about regulatory challenges and market control issues.
The DOJ contends that Apple's policies stifle innovation and degrade user experience by imposing hefty transaction fees and enforcing restrictive rules across various app categories.
Apple's regulations have particularly affected crypto-based apps like OpenSea and Damus, limiting their functionality and prompting the removal of features such as Bitcoin tipping.
The decision to disable Progressive Web Apps (PWAs) on Apple devices raises concerns about its impact on the crypto and web3 ecosystem, potentially delaying market entry and increasing costs for developers.
US lawmakers Gus Bilirakis and Jan Schakowsky have previously raised concerns about Apple's App Store guidelines, fearing their adverse effects on blockchain and crypto innovations.
While the lawsuit against Apple signifies a step towards addressing monopoly concerns, its outcome remains uncertain. However, the crypto community awaits potential changes that could foster a more open and competitive digital marketplace.
The fee war in the spot Bitcoin ETF arena is reshaping the competitive landscape, with companies vying for a strategic edge through bold fee adjustments. As the industry awaits the SEC decision, the outcome of this battle will undoubtedly have a lasting impact on the ETF market.
BerniceBinance berargumen pada bulan Februari, dan sekali lagi awal bulan ini, bahwa Ketua SEC Gary Gensler harus mengundurkan diri dari gugatan SEC terhadap bursa. Dikatakan bahwa interaksinya sebelumnya dengan CEO bursa Changpeng Zhao membenarkan penolakannya.
TheBlockDebitur FTX menggugat Grayscale Investment, pemiliknya, dan CEO-nya atas penanganan Grayscale Bitcoin dan Ethereum Trusts.
TheBlockSaham Coinbase melonjak lebih dari 26% Kamis setelah seorang hakim federal di New York menolak gugatan class action terhadap perusahaan yang berbasis di San Francisco itu.
decryptSekelompok pelanggan yang mengajukan gugatan terhadap Coinbase sekarang menahan informasi akun mereka, menghentikan upaya untuk memindahkan kasus tersebut ke arbitrase.
decryptKetua Maxine Waters memuji kemauan Sam Bankman-Fried untuk berbicara kepada publik.
BeincryptoRisiko dari aset kripto sudah jelas—waktunya untuk mengatur.
OthersPlatform terkenal secara konsisten maju untuk mendukung perusahaan blockchain dengan meminta izin untuk mengajukan amicus brief.
Others
NulltxInvestasi tradisional sangat didominasi oleh laki-laki, tetapi Web3 adalah batu tulis kosong. Dengan lebih banyak wanita yang bergabung, kita dapat mematahkan narasi eksklusivitas.
Cointelegraph