Evan Kaloudis, the founder of the Bitcoin (BTC) wallet “Zeus,” announced on the 14th that Apple Inc. has denied approval for the new version of Zeus, named “0.7.6.”
Apple stated that while the app facilitates cryptocurrency remittances, it has not provided information regarding the corresponding exchanges or authorized financial institutions. Apple also requested documentation proving that the app is licensed to offer cryptocurrency trading functionality.
Currently, the app store shows Zeus as version “0.7.5,” with the last update made on the 1st of the previous month. Kaloudis mentioned that the upcoming update will not include money transfer functionality and clarified that Zeus does not enable the buying or selling of Bitcoin.
Many virtual currency wallets are available for download from Apple’s app store, and Zeus has been offered without any complaints thus far. Kaloudis did not disclose how he plans to respond to the rejection.
Digital asset wallets are electronic wallets designed specifically for storing digital assets, such as virtual currencies.
In a related development, Apple recently addressed violations by the decentralized social networking project “Damus” on the 13th. Apple claimed that the “Zaps” feature, which allows Bitcoin tipping through the Lightning Network, is considered equivalent to buying and selling digital content. Apple warned that unless it is conducted through an in-app billing mechanism, the app would be removed from the app store within 14 days.
Although discussions with Apple regarding Damus are ongoing, the situation surrounding Zeus indicates a reinforced crackdown by Apple. In response to Apple’s actions, individuals like Jack Dorsey have called for a reconsideration of the company’s response.
As of now, Damus still allows Zaps on a per-post basis. However, it is possible that Zaps will eventually be limited to the profile section and not available on a per-post basis.