Apple’s App Store Rules Face Lawmaker Scrutiny Over Crypto, NFTs

Apple is facing renewed scrutiny over concerns that its app store practices are curbing competition, this time related to cryptocurrency trading and non-fungible tokens.

A pair of House members, writing Friday to Apple Inc. chief executive officer Tim Cook, called for detailed information on the tech giant’s app store policies and how they might limit innovation by restricting blockchain functionality and cryptocurrency payments.

“In particular, it appears that Apple has used its App Store guidelines to increase its own profits and reduce the utility of apps in blockchains, NFTs, and other blockchain-related technology,” Reps. Gus Bilirakis (R-Fla.) and Jan Schakowsky ...