US Lawmakers Challenge Apple’s Crypto App Store Policies
US Lawmakers Challenge Apple’s Crypto App Store Policies
US lawmakers, Republican Congressman Gus Bilirakis and Democratic Congresswoman Jan Schakowsky, have jointly addressed a letter to Apple CEO Tim Cook, expressing concerns about the App Store’s restrictive policies regarding cryptocurrency-related applications. The bipartisan initiative aims to seek clarity on how the guidelines may be influencing emerging technologies like blockchain and non-fungible tokens (NFTs), potentially hindering the progress of the United States in this rapidly evolving field. Representative Bilirakis and Congresswoman Schakowsky, who also hold positions as Chairman and Ranking Member of the Innovation, Data, and Commerce Subcommittee, raised doubts about the tech giant’s intentions with regard to these emerging technologies. They suspect that the guidelines may inadvertently be used to suppress innovations in the blockchain and NFT space, which could have adverse effects on the country’s leadership in the tech industry. The letter to Tim Cook specifically calls for transparency and requests documents relating to Apple’s policies concerning its iOS App Store. The lawmakers emphasize the importance of supporting and fostering blockchain, NFTs, and other distributed ledger technologies to ensure the continued growth of the US technology sector
