06 Aug '12, 1am

June 2012: Apple Is Afraid Of Bitcoin?

June 2012: Apple Is Afraid Of Bitcoin?

the extraordinary Blockchain Wallet product in Forbes only to see the app abruptly removed from the store in less than two weeks. The explanation given by Apple was that “apps must comply with all legal requirements in any location where they are made available to users.” Apple further stated, “it is the developer’s obligation to understand and conform to all local laws” and the developer was referred to the legal department for an exact explanation of which law it violates. Clearly, they will not be able to cite a law as no laws prohibiting bitcoin currently exist in any jurisdiction. Fortunately, the wallet app is still available here at the Cydia Repository for jailbroken iPhones.

Full article: http://www.forbes.com/sites/jonmatonis/2012/06/13/why-app...

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