🚀 Epic Games vs. Apple Ruling Impacts App Store Policies
#doj #EpicGames #Apple #AppStore #NFT #cryptocurrency #courtdecision #inapppurchases #Fortnite #Crossmint
According to Foresight News, a U.S. court has ruled in favor of Epic Games in its lawsuit against Apple, with Judge Yvonne Gonzalez Rogers deciding that Apple can no longer charge fees for purchases made outside of its apps. This ruling, which takes immediate effect, also prohibits Apple from restricting developers from directing users to make purchases outside of the app. Apple has announced plans to appeal the decision. Epic Games plans to relist Fortnite on the U.S. App Store next week.
In response to the court's decision, Apple has updated its App Review Guidelines to comply with the ruling regarding in-app buttons, external links, and calls to action. According to the updated guidelines, apps can use in-app purchase features to sell services related to non-fungible tokens (NFTs), such as minting, listing, and transferring. However, apps outside the U.S. store are not allowed to include buttons, external links, or other calls to action that direct users to purchasing mechanisms outside of in-app purchases.
Crossmint, a crypto API development company, commented that the ruling is significant for the cryptocurrency industry, as it allows apps to directly sell NFTs, tokens, and digital assets while retaining 100% of the revenue.#doj #EpicGames #Apple #AppStore #NFT #cryptocurrency #courtdecision #inapppurchases #Fortnite #Crossmint
🚀 Crossmint Partners with Visa for AI-Driven Blockchain Payments
#Crossmint #Visa #Blockchain #Payments #Web3 #NFT #Wallet #WaaS #AI #TokenizedCredentials #SmartContracts #NFTCollectors #Dapp #WalletConnect #FiatCurrency
According to BlockBeats, Web3 infrastructure company Crossmint has partnered with Visa to implement AI-driven on-chain payments using tokenized credentials. Crossmint is set to launch its NFT Wallet as a Service (WaaS) to assist companies in integrating simplified and interoperable blockchain technology into their existing products and services. The NFT WaaS technology stack enables companies to create smart contracts and send NFTs via email, as well as generate wallets for NFT collectors. This white-label product also allows users to connect their wallets to third-party websites using Dapp services like Wallet Connect or Crossmint Connect. Additionally, Crossmint WaaS facilitates the purchase of NFTs using fiat currency, and this service is now available to the public.#Crossmint #Visa #Blockchain #Payments #Web3 #NFT #Wallet #WaaS #AI #TokenizedCredentials #SmartContracts #NFTCollectors #Dapp #WalletConnect #FiatCurrency
🚀 Offchain Labs Acquires ZeroDev to Enhance Blockchain Infrastructure
#OffchainLabs #ZeroDev #Blockchain #SmartAccounts #CryptoProjects #ApeCoin #Conduit #Crossmint #Infrastructure #CrossChainTransactions
According to PANews, Offchain Labs has announced the acquisition of ZeroDev, a developer of smart accounts. ZeroDev currently supports over 5 million smart accounts across more than 30 blockchains, providing tools for various crypto projects such as ApeCoin, Conduit, and Crossmint. This acquisition aims to address the growing demand for on-chain infrastructure, facilitating the transition of large institutions and consumer applications to blockchain technology. It will also work in conjunction with Offchain Labs' previously launched universal intent engine to enable rapid cross-chain transactions and a seamless user experience.#OffchainLabs #ZeroDev #Blockchain #SmartAccounts #CryptoProjects #ApeCoin #Conduit #Crossmint #Infrastructure #CrossChainTransactions
🚀 Crossmint Secures MiCA License for Crypto Services Across EU
#Crossmint #MiCALicense #CryptoServices #EU #Cryptocurrency #FiatToCrypto #Stablecoin #CryptoAssets #CustodialServices #Blockchain #CryptoCompliance #PaymentPlatforms #CryptoRegulation
According to Odaily, Crossmint, a provider of crypto payment infrastructure, has received the Markets in Crypto-Assets (MiCA) license from the Spanish Securities Market Commission (CNMV). This authorization allows Crossmint to operate as a compliant crypto asset service provider (CASP) across all 27 European Union member states, offering stablecoin infrastructure services.
The license covers three main CASP activities: bidirectional exchange between fiat and cryptocurrencies, custodial services for crypto assets, and cross-wallet and cross-blockchain transfer services. Crossmint co-founder Rodri Fernández Touza noted that with the MiCA transition period ending in July, many remittance companies, payment platforms, and emerging banks are now seeking partners with MiCA licenses. Non-compliant providers may face the risk of being forced out of the market.#Crossmint #MiCALicense #CryptoServices #EU #Cryptocurrency #FiatToCrypto #Stablecoin #CryptoAssets #CustodialServices #Blockchain #CryptoCompliance #PaymentPlatforms #CryptoRegulation
🚀 Crossmint Unveils OpenClaw Payment Standard with Industry Support
#Crossmint #OpenClaw #paymentstandard #crypto #API #VisaSmartCommerce #Solana #Circle #Stytch #lobstercash #stablecoins #programmablesecurity #triallaunch #SOL #USDC
Crossmint, a company specializing in crypto API development, has introduced the OpenClaw open payment standard through lobster.cash. According to Foresight News, this initiative is backed by Crossmint, Visa Smart Commerce, Solana, Circle, and Stytch. Users can set permissions and approve transactions, with the proxy requesting necessary resources only when needed. Cards and stablecoins are protected by programmable security measures by default. The service is currently available for trial and is expected to be fully launched in the coming weeks.#Crossmint #OpenClaw #paymentstandard #crypto #API #VisaSmartCommerce #Solana #Circle #Stytch #lobstercash #stablecoins #programmablesecurity #triallaunch #SOL #USDC
🚀 Western Union and Crossmint Launch USD Stablecoin on Solana for Global Transfers
#WesternUnion #Crossmint #USDStablecoin #Solana #GlobalTransfers #DigitalAssets #Blockchain #Fintech #SOL
Western Union has partnered with Crossmint to introduce a USD stablecoin, USDPT, on the Solana blockchain. According to ChainCatcher, this initiative aims to facilitate fast and low-cost global money transfers.
Western Union plans to integrate its digital asset network with Crossmint, enabling users to convert digital dollars into local currencies at over 360,000 locations worldwide, covering more than 200 countries and regions. Malcolm Clarke, Vice President of Digital Assets at Western Union, stated that this collaboration will help seamlessly connect global wallets and digital platforms with Western Union's payment infrastructure.#WesternUnion #Crossmint #USDStablecoin #Solana #GlobalTransfers #DigitalAssets #Blockchain #Fintech #SOL