Coinbase tweeted this morning that Apple blocked the release of its latest crypto wallet app, asking for a cut of gas fees when people transfer NFTs to each other.
Epic Software, makers of the popular Fortnite game, have been in aMost likely, this is simply a mistake from a low-level employee on the Apple app review team who does not understand crypto or NFTs, and Coinbase understands that, adding “we hope this is an oversight on Apple’s behalf and an inflection point for further conversations with the ecosystem ... Apple, we’re here and want to help.”
“I think you should go back and explain this again. It is likely that they misunderstood gas fees for buying NFTs,” he. “We have gone through 28 days of ‘to and fro’ and ultimately it boiled down to us explaining that users can not buy NFTs in Sweat Wallet.”
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Coinbase Disables Mobile NFT Trading, Citing Apple’s App Store PoliciesThe exchange made the announcement in a Thursday Twitter thread, saying Apple is demanding Coinbase pay a 30% tax on gas fees used to transfer all NFTs.
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Coinbase says Apple forced it to remove NFT transfers from its iOS walletIt allegedly wanted 30 percent of transaction fees.
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