US lawmakers share concerns Apple's App Store is stifling blockchain innovation

Quick Take

  • Two U.S. Representatives sent a letter to Apple CEO Tim Cook yesterday asking about the company’s App Store guidelines.
  • Specifically, they shared concerns that they stifle emerging technologies, such as distributed ledger technology and nonfungible tokens.

Representatives Gus Bilirakis (R-FL) and Jan Schakowsky (D-IL) sent a letter to Apple CEO Tim Cook asking about the California-based company's App Store guidelines — and whether or not they stifle emerging technologies, such as distributed ledger technology and nonfungible tokens — yesterday.

The lawmakers noted that Apple appears to have used its App Store guidelines to both profit from and reduce the utility of crypto apps through the forced rollout of "lite" versions — citing Axie Infinity's App Store experience as an example.

In sending the letter, the lawmakers shared concerns about the possibility that Apple's policies may harm the United States' leadership in emerging technologies.

“While Apple has argued these limitations increase security by creating a walled garden, many are concerned that Apple has used the app store as a weapon against competitors,” said the Chairman and Ranking Member of the Innovation, Data, and Commerce Subcommittee. “It is essential that Congress fully understand the App Store Guidelines and the extent to which these guidelines limit innovation and impact American technological leadership.

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"Our subcommittee remains committed to promoting full transparency and ensuring that Big Tech is held accountable for monopolistic behavior," they added. "We want to create a level playing field within the industry so that American ingenuity can continue to thrive.”

The lawmakers previously penned a similar letter to Apple regarding App Store policies relating to TikTok and other apps originating from China.


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About Author

Adam is the managing editor for Europe, the Middle East and Africa. He is based in central Europe and was a managing editor and podcast host at the crypto exchange OKX's former research arm, OKX Insights. Before that, he co-founded BeInCrypto.com, which he elevated into one of the leading crypto media brands at its peak as the editor-in-chief. Earlier, he served as the editor-in-chief at Bitcoinist.com. Before joining the blockchain and crypto industry, he worked for Looper.com, Grunge.com and SVG.com. He tweets via @XBT002 and can be emailed at [email protected].

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