Regulation News

The case of Apple and Epic Games will be in favor of accepting digital currencies


App Store developers will now be able to use payment methods other than Apple’s default method, according to a ruling in the Apple and Epic Games case. This could make digital currencies an option for apps running in the App Store.

to the Report Youtoodi has ruled that Apple’s lawsuit against Yvonne Gonzalez Rogers, an Epic Games game developer, will no longer require developers to use Apple’s payment system in their applications.

Rogers’ ruling could pave the way for the use of digital currencies in in-app payments, which is why some members of the digital currency community have hailed the event as a victory for the industry.

Ran Neuner, host of CNBC’s Crypto Trader program, said the much-anticipated decision would have far-reaching consequences for digital currencies.

Neuner wrote on Twitter:

This [اتفاق] Great for digital currencies. Apple has had its own payment mechanism for years [به بازار] He dictated, but now the way is open for new payment methods. The market has not yet understood this.

Hayden Adams, CEO of UniSwap, also said that recent developments in the Epic Games and Apple case could be to the benefit of digital currencies.

Epic Games, the company that released the popular Fortnite game, has sued the company over Apple’s rules for in-app payments.

Apple receives a 30% commission on every payment it makes in the App Store for every in-app purchase and payment.

When Fortnite launched its own system with the goal of getting the full amount paid by users, Apple dropped the game from the App Store in return.

The court ruling in the case now encourages developers to look for alternative payment methods and avoid paying Apple a 30 percent commission; An issue that could help increase the acceptance of digital currencies.

It is worth mentioning that this case is still ongoing and the judge’s sentence is scheduled to be executed in another 90 days. Apple has not yet decided whether to appeal the ruling.

The court rulings were generally in favor of Epic Games, with the exception of one case in which a judge dismissed most of the company’s allegations of Apple antitrust violations. Antitrust is one of the laws of the United States that restricts the authority of certain companies in order to prevent monopolies and maintain competition in the market. “Success is not illegal,” Judge Rogers said in response to Epic Games’ allegations.

Although Epic Games has not been able to prove that Apple is a monopoly, the tech giant is likely to lose billions of dollars in revenue as developers continue to use foreign payment methods. Given that Fortnite has been removed from the App Store and Apple will probably no longer be able to force developers to use its payment system, it can be argued that the lawsuit has ultimately been to the detriment of both parties.

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