These apps have been banned across Apple devices

Woman using cell phone by the harbour against illuminated city night view

On Monday June 4, Apple expanded on those crypto-centric guidelines with several key inclusions into specific functionalities like wallet storage and mining for apps on its App Store platform.

The move may seem a little moot to some as the processing grunt needed to crunch the calculations created to generate or "mine" cryptocurrencies like Bitcoin are beyond the power levels of even the iPhone X's A11 Bionic chip.

Further adding to the pressure on cryptocurrencies, Bitcoin's price declined on Monday following the hacking of South Korean cryptocurrency exchange Coinrail.

Apple has put restrictions on apps that mine cryptocurrencies using device processing power, specifically disallowing such programs in its App Store. Apple's updates to the App Store guidelines now prohibit developers from making databases of info gleaned from address books, nor can they request access to contact info under one pretense and then use it for something else - they have to get consent for what they're actually using it for. The move comes at a time when 'cryptojacking', a malware attack wherein malicious attackers scrumptiously hijack a computer or a phone's computing power to mine cryptocurrencies, is a growing menace.

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However, mining for cryptocurrency is only acceptable if "performed off-device", such as in the case of cloud-based mining. "Under this new policy, the advertisement of Initial Coin Offerings (ICOs) and token sales will be prohibited globally", Twitter said. Similarly, apps involved in initial coin offerings, bitcoin futures trading, or other cryptocurrency securities trading need to be from the banks, firms, or other approved financial institutions.

Apple's Health Record, which features in the health app, was launched in the U.S., in January 2018.

How do you feel about the changes to the App Store Review Guidelines? Exchanges can offer fully-featured apps offering trading abilities, as long as the apps are issued by the exchanges themselves and not third parties. The guidelines noted: "Cryptocurrency apps may not offer currency for completing tasks, such as downloading other apps, encouraging other users to download, posting to social networks, etc".

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