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Tuesday, 12 June 2018 07:49

Apple bans cryptocurrency mining apps from App Store

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Apple has clamped down on apps that mine for cryptocurrencies, banning them from its App Store unless the mining is done in an external location like the cloud.

The company made a number of changes in its App Store review guidelines recently, with the cryptocurrency ban among them.

Cryptocurrency mining has been observed in various situations, with mining scripts being served through ads on YouTube, Drupal flaws being exploited to spread mining scripts, legitimate video download sites turning to mining and some websites unknowingly serving up such scripts.

"Apps, including any third-party advertisements displayed within them, may not run unrelated background processes, such as cryptocurrency mining," Apple said.

Apps were permitted to allow the transaction or transmission cryptocurrencies on an approved exchange, provided that they were offered by the exchange.

Given the number of initial coin offerings that have been involved in scams, Apple said that apps that helped ICOs must come from "established banks, securities firms and futures commission merchants, or other approved financial institutions and must comply with all applicable law".

The company also said that cryptocurrency apps should not offer the currency for completing tasks.

And apps were allowed to facilitate the storage of virtual currencies if the developers who offered them were enrolled in the App Store as an organisation.


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Sam Varghese

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Sam Varghese has been writing for iTWire since 2006, a year after the site came into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.

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