It Looks Like Apple Just Opened The Door For Bitcoin Apps
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REUTERS/Bobby Yip
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The new clause under section 11.17, which was flagged by folks on Twitter like investor Bill Lee today, reads:
Apps may facilitate transmission of approved virtual currencies provided that they do so in compliance with all state and federal laws for the territories in which the app functions.
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That sounds like Bitcoin!
Apple had previously banned developers from creating Bitcoin apps for the App Store. Back in February, Apple pulled a popular Bitcoin app from the store.
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