Apple blocks Uniswap’s crypto wallet
The big tech giant Apple has had a troubled relationship with the crypto industry, which could be further worsened by a new decision. The company behind the development of the Ethereum-based decentralized exchange, Uniswap Labs, announced a mobile wallet.
The company’s Twitter handle revealed that the new product is self-managing and open source. The mobile wallet was launched for iOS devices as a limited early release. Uniswap Labs stated, “We bring the power of Uniswap to your pocket.”
7/ So why a limited early release from a team committed to access for anyone? Simply put, Apple won’t greenlight our launch and we don’t know why.
We submitted our mobile app months ago – and while we’re 100% compliant with their specs, we’re still stuck in limbo🤡 pic.twitter.com/oAr90NrkPd
— Uniswap Labs 🦄 (@Uniswap) March 3, 2023
Apple’s feud with the crypto industry intensifies
The new Uniswap wallet is compatible with Ethereum’s second-tier scalable solution, Polygon, Optimism and Arbitrum. The wallet will allow users to control their assets and transact with any token under the ERC-20 format.
In addition, users will have access to non-fungible tokens (NFT), follow other wallets to track their activity, discover new tokens and more. Regarding the company’s decision to launch the product as a limited early release, Uniswap Labs said:
So why a limited early release from a team committed to getting access for anyone? Simply put, Apple won’t greenlight our launch and we don’t know why. We submitted our mobile app months ago – and while we’re 100% compliant with their specs, we’re still stuck in limbo.
In this sense, this version of their product is part of a strategy to provide a first iteration of the wallet while the company and users “wait together for Apple.” According to the big tech giant’s rules, the wallet will allow 10,000 people access to the product.
In an official post, the crypto company added:
instead of waiting alone, we thought it would be more fun to wait together, with a few thousand Testflight users. That means it’s functionally the same, safe to use, and can be updated to the App Store version after Apple approves it. We like Apple products – that’s why we built our wallet for iOS. But this experience has reminded us why we started building open, accessible technology in the first place.
More announcements to come
The crypto company will share early access to its mobile wallet at the Ethereum Denver event. Nearby users can stop by the company’s booth to receive one of these accesses across their social media channels.
In addition, the crypto company claims that it will make further announcements once Apple clears its product. They concluded:
We have so many exciting features in the store. But we can’t deliver it to everyone until Apple gives us the green light. Follow us on Twitter to get TestFlight access links and download the wallet.
