Apple pulls Bitcoin app Coinbase from App Store

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Apple has the iOS app from Coinbase, a start-up that focuses on Bitcoin-payments, from the App Store removed. The exact reason for removing the app is not made by Apple, but may play the payment function of the Coinbase app a role.

Coinbase is focused as a start-up offering a Bitcoin payment platform for the U.s. market. Americans with a bank account can Bitcoins to buy and sell, while there via e-mail Bitcoin transactions can be carried out. Also accepts Coinbase payments in the virtual currency of online merchants.

Although Coinbase trouble-free an Android app in the Play store of Google in the offer, the iOS version within a month by Apple from the App Store removed. Apple has formally still no reason given for the removal of the application, reports TechCrunch, but Coinbase confirms that it’s the app itself has been removed.

Apple in the past has been more Bitcoin-related apps from the App Store removed, because this would not comply with the general terms and conditions, such as the apps Blockchain Wallet and BitPak. In this case, Apple stated that apps must comply with all legal rules in all countries where the software is offered. In the U.S., however, still no regulations that Bitcoin payments are illegal. Moreover, argue advocates of the virtual currency that Apple is afraid that Bitcoin will become a full-fledged alternative form of payment, making the company money, and would miss out on regular credit card transactions. Nevertheless, there are still some iOS apps to find that Bitcoin transactions can run.