This mobile application will be completely autonomous and open-sourced.
It is assumed that Apple is wary of releasing crypto-related products.
This past Friday, Uniswap Labs announced the release of a new mobile wallet, only to have Apple’s App Store block it. This mobile application will be completely autonomous and open-sourced. The group claims they submitted the mobile app months ago, but are still waiting for clearance. Meanwhile, Uniswap Labs made available to a select group of users through the exclusive TestFlight app.
Just 10,000 people may take advantage of this early access via Apple’s TestFlight programme. Uniswap Labs claims it was not given any specific reasons for the app’s delayed approval. Apparently, Uniswap’s application was denied while others for self-custody swapping wallets were approved.
Still Stuck in Limbo
As such, it is assumed that Apple is wary of releasing crypto-related products in light of the present regulatory climate. A delay in the app’s release on the App Store may be inevitable unless and until the regulatory landscape around digital assets is clarified. Because everything has been done according to the rules, this may also be the reason for the delay in receiving permission.
The group issued the following statement:
“So why a limited early release from a team committed to access for anyone? Simply put, Apple won’t green-light our launch, and we don’t know why. We submitted our mobile app months ago—and even though we are 100% compliant with their specifications, we are still stuck in limbo.”
The inexplicable holdup may strengthen the public’s impression of Apple as a strict censor of its crypto-related content on iOS. Apple has refused to adjust its business practices to accommodate cryptocurrency firms, and it has also banned cryptocurrency trading applications that don’t connect with an “approved exchange.”