Apple has declined calls for NFTs to be exempt from its 30% “A | EOtrade
Apple has declined calls for NFTs to be exempt from its 30% “Apple Tax” on in-app purchases. The tech giant codified its rules for iOS apps that handle non-fungible tokens with its first formal green light on offering in-app NFT minting, buying and selling. But the ban on NFT trading in apps is likely to remain. Leading creators and marketplaces to limit in-app NFT functionality rather than lose a massive slice of revenue.