Apple Blocks Crypto Mining Apps On Its Products

Apple has moved to put a stop to any crypto-mining apps that might be used on its mobile products.

In a recent update, the personal computing company expanded its initial guidelines on cryptocurrencies. Before, the guidelines specified apps facilitating cryptocurrency exchange and/or initial coin offerings (ICOs) must comply with all applicable state and federal laws.

Now, the guidelines specify more than that. In five bullet points, the guidelines run through Apple's policy on wallets, mining, exchanges, ICOs, and rewards that take the form of cryptocurrency.

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Apple Co-Founder Backs Dorsey: Bitcoin Should Become Web's Currency

Apple co-founder Steve Wozniak is a big believer – though not an investor currently – in bitcoin.

When asked about recent comments from Square and Twitter CEO Jack Dorsey – who remarked during CoinDesk's Consensus 2018 conference in New York that he hopes bitcoin becomes the internet's «native currency» – Wozniak said he hopes that vision works out.

«I buy into what Jack Dorsey says, not that I necessarily believe it's going to happen, but because I want it to be that way, that is so pure thinking,» Wozniak was quoted as saying by CNBC on Monday. Wozniak was interviewed during the Money 20/20 conference, which is taking place this week in Amsterdam.

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