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Crypto wallet MetaMask co-founder and ex-Apple employee Dan Finlay says he’s all in favor of the crypto industry ditching Apple’s App Store altogether, calling Apple’s 30% in-app purchase tax ‘an abuse of monopoly.’ Dan tweeted, ‘I assume [MetaMask] and every other wallet is next,’ today. ‘I’m ready to dump the Apple ecosystem. The 30% tax is an abuse of monopoly.’
Apple introduced its new taxation policy for NFTs and crypto transfers back in October 2022. Coinbase’s Wallet announced on Thursday that its users would no longer be able to trade or transfer NFTs through its iOS app, arguing that even if it wanted to comply with the ‘Apple tax,’ it would not be able to due to Apple not being integrated with blockchains like Ethereum.
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Gaurav Singh works as video Producer for Coingape, covering Crypto and other Crypto related issues. He has done his Engineering From AKTU. His areas of interest include crypto, finance and policy. Find him on X: @Kumar643Singh
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