2 years ago
The CEO of the Nasdaq-listed cryptocurrency speech Coinbase, Brian Armstrong, says Apple has not played bully with crypto, noting that the tech elephantine has banned a clump of crypto features successful its App Store. Apple’s anti-crypto argumentation raises “potential antitrust issues,” said the Coinbase executive.
Potential Antitrust Issues
Coinbase CEO Brian Armstrong talked astir Apple’s crypto argumentation successful an occurrence of the Superteam podcast, which aired past week. Superteam is simply a podcast that explores the web3 ecosystem successful India.
Commenting connected Apple’s anti-crypto policy, helium detailed: “You effort to get your app successful the App Store and Apple ejected it and past they had this competing 1 that got approved … it’s a achromatic box.” The Coinbase brag elaborated:
Apple truthful acold has not truly played bully with crypto. They’ve really banned a clump of features that we would similar to person successful the app, but they conscionable won’t let it — truthful there’s imaginable antitrust issues there.
Armstrong added: “There’s going to person to beryllium crypto-compatible phones that I deliberation could really go rather fashionable successful the future, truthful it’ll beryllium absorbing to spot however that plays out.”
The crypto speech CEO stressed that helium doesn’t privation Coinbase to beryllium similar Apple, adding: “Decentralized exchanges (DEXs) to maine are precise absorbing for that reason.”
Regarding coin listings, the Coinbase CEO explained that arsenic a regulated fiscal work business, the level cannot conscionable database thing truthful Coinbase developed “very vigorous listing standards” to determine which cryptocurrencies volition beryllium listed.
If a coin meets the platform’s listing standards, “then we privation to database it and fto the marketplace decide,” the enforcement clarified, adding:
I privation america to beryllium a small spot much similar the Amazon of assets, not a walled plot similar Apple’s App Store.
Do you hold with Brian Armstrong? Let america cognize successful the comments conception below.
Kevin Helms
A pupil of Austrian Economics, Kevin recovered Bitcoin successful 2011 and has been an evangelist ever since. His interests prevarication successful Bitcoin security, open-source systems, web effects and the intersection betwixt economics and cryptography.
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