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Blockchain and NFTs Under Investigation: Lawmakers Examine Apple App Store Policies"

By James Dean
Jul 31, 2023
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US Representatives Gus Bilirakis and Jan Schakowsky have written a formal letter to Apple CEO Tim Cook, expressing concerns about the company's App Store guidelines, particularly in relation to blockchain and non-fungible tokens (NFTs). The letter seeks information on whether these gu idelines may inadvertently hinder the progress and growth of cutting-edge innovations, including NFT technologies.

The lawmakers point out a pattern in Apple's App Store guidelines where the company appears to limit the functionality of certain apps by mandating the release of "lite" versions. They argue that this approach generates profits for Apple while reducing the overall utility of the apps. They cite the case of Axie Infinity's App Store experience as an example.

The letter expresses concern that such policies could have a negative impact on America's position in emerging technologies. The representatives highlight the need for Congress to thoroughly understand app store guidelines and assess whether they impede innovation. asize their commitment to promoting transparency and holding big Tech accountable for any monopolitical behaviour.

The lawmakers' intention is to level the playing field within the industry, allowing American creativity and innovation to flourish. This is not the first time they have raised concerns about App Store policies, as they had previously written a similar letter to Apple regarding guidelines related to TikTok and other apps from China.

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