Apple Forces Coinbase to Disable NFT Transfers on Its Wallet App

Q: How long will it take to read this news story?

The story "Apple Forces Coinbase to Disable NFT Transfers on Its Wallet App" has 660 words across 24 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Apple Forces Coinbase to Disable NFT Transfers on Its Wallet App" was covered 3 months ago by Decrypt, a news publisher based in Estonia.

Q: How trustworthy is 'Decrypt' news outlet?

Decrypt is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news. The outlet is headquartered in Estonia and publishes an average of 12 news stories per day. It's most recent story was published 9 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #2196613</li><li>URL: https://beamstart.com/news/apple-forces-coinbase-to-disable-16703373164737</li></ul>

Decrypt 3 mo ago

Apple Forces Coinbase to Disable NFT Transfers on Its Wallet App - Decrypt

Quick Summary:

Apple has begun enforcing its 30% tax on NFT transactions, and Coinbase isn’t happy.

Apple’s controversial in-app purchase fee has angered many crypto advocates, such as Epic Games CEO Tim Sweeney, who previously fought Apple’s rules in a lawsuit and said the tech giant “must be stopped.

While NFTs aren’t outright banned on Apple’s mobile app store, they are subject to a hefty 30% tax on every transaction.