Apple has rejected the latest version of the Zeus app, a non-custodial Lightning Network-enabled Bitcoin wallet.
The rejection comes just a day after Apple cautioned another Bitcoin-related app, Damus, to remove its “zaps” or Bitcoin tipping feature. These incidents have raised concerns about Apple’s stance on cryptocurrency-related applications in its App Store.
Zeus App Rejected
Zeus is a non-custodial wallet, which means that users own their own private keys and have full control over their funds. The app allows users to send and receive Bitcoin payments, as well as to participate in the Lightning Network.
Apple has cited the reason for rejection as the app facilitating the transmission of virtual currency without being submitted by a recognized financial institution or corresponding exchange.
Apple requested documentary evidence demonstrating that Zeus possesses the necessary licenses and permissions to distribute an app with cryptocurrency exchange features across all available locations.
However, Zeus claims to be a non-custodial wallet that does not provide crypto exchange functionalities but rather focuses on facilitating payments.
Damus App Warned
Damus is a Bitcoin social network that allows users to follow each other, chat, and send Bitcoin tips. The app’s “zaps” feature allows users to send Bitcoin tips with a single tap.
Apple has cautioned Damus to remove the zaps feature from its app. Apple has stated that the zaps feature violates its App Store guidelines, which prohibit apps that “enable the transfer of money”.
Concerns About Apple’s Cryptocurrency Policies
The rejection of Zeus and the warning to Damus have sparked concerns about Apple’s approach to cryptocurrency-related applications. Some experts argue that Apple’s policies are too restrictive and that they are stifling innovation in the cryptocurrency industry.
Others argue that Apple is simply following its own guidelines and that it is important to protect users from fraud and scams.
