Stablecoin

Gemini

Apple

Axie Infinity

<ol> 
 <li>US congressman Gus Bilirakis sent a bipartisan letter to Apple inquiring about its policy on blockchain.</li> 
 <li>Lawmakers are working toward creating a crypto-friendly landscape and Apple needs to review its policies.</li> 
 <li>Apple was given until August 14 to respond to the bipartisan letter.</li> 
</ol> 
<p>US congressman Gus Bilirakis sent a bipartisan letter to Apple in an effort to seek the tech giant’s approach toward blockchain technology and its components, specifically non-fungible tokens (NFTs).</p> 
<p>Bilirakis, the head of the Subcommittee on Innovation, Data, and Commerce of the congress, wrote in his letter that the US is intent on trailblazing blockchain innovation and that Apple’s policies may affect it adversely.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr">Today, I sent a bipartisan letter to <a href="https://twitter.com/Apple?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@Apple</a> regarding iOS App Store policies and their impact on emerging technologies like blockchains and NFTs. Congress must understand if Apple's policies are limiting innovation and American technological leadership. <br><br>Full letter below: <a href="https://t.co/Sda7qtEaql" rel="noopener noreferrer nofollow">pic.twitter.com/Sda7qtEaql</a></p>— Gus Bilirakis (@RepGusBilirakis) <a href="https://twitter.com/RepGusBilirakis/status/1685024130544947201?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 28, 2023</a> 
  </blockquote> 
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div> 
</figure> 
<p>In the letter, the lawmaker submitted a handful of questions to Apple in regard to how it handles applications from apps that interact with blockchain technology. Apple’s partnership with Axie Infinity and how it does not integrate the game’s NFTs was also mentioned in the letter.</p> 
<p>The lawmaker was also interested in finding out if Apple is planning to develop its own blockchain in the future.</p> 
<p>Apple is given until August 14 to respond to the inquiry.</p> 
<p>American legislators are making headlines lately for working double to establish a clear regulatory framework in the country. Recently, two blockchain-related bills began a markup and reports say that they have already passed the initial stage.</p> 
<p>In other news, former federal prosecutor and Silicon Valley investor Katie Haun criticized the US’ anti-money laundering (AML) and know-your-customer (KYC) policies, saying that the country spends almost $40 billion each year on rules that have a 99% failure rate.</p> 
<h4 class="wp-block-heading" id="h-read-also">Read Also :</h4> 
<ul class="wp-block-yoast-seo-related-links"> 
 <li><a href="https://cryptonewsland.com/singapore-embraces-the-crypto-world-with-binance-and-gemini/" rel="noopener noreferrer nofollow">Singapore Embraces the Crypto World With Binance and Gemini</a></li> 
 <li><a href="https://cryptonewsland.com/house-financial-services-proposes-sweeping-stablecoin-legislation/" rel="noopener noreferrer nofollow">House Financial Services Proposes Sweeping Stablecoin Legislation</a></li> 
 <li><a href="https://cryptonewsland.com/south-koreas-financial-watchdog-flags-lawmakers-crypto-transactions/" rel="noopener noreferrer nofollow">South Korea’s Financial Watchdog Flags Lawmaker’s Crypto Transactions</a></li> 
 <li><a href="https://cryptonewsland.com/too-much-power-behind-crypto-to-ban-it-us-lawmaker/" rel="noopener noreferrer nofollow">Too Much Power Behind Crypto to Ban It: US Lawmaker</a></li> 
 <li><a href="https://cryptonewsland.com/regulatory-karma-may-come-to-sec-as-lawmaker-pushes-for-investigations/" rel="noopener noreferrer nofollow">Regulatory Karma May Come to SEC as Lawmaker Pushes for Investigations</a></li> 
</ul> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com/us-lawmaker-urges-apple-to-take-friendlier-approach-to-crypto-nfts/">US Lawmaker Urges Apple to Take Friendlier Approach to Crypto, NFTs</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com">Crypto News Land</a>.</p>

US Lawmaker Urges Apple to Take Friendlier Approach to Crypto, NFTs

Crypto News Land

Other articles published on Jul 29, 2023

DOGE Price Analysis for July 29

Crypto Users in Japan Can 2X Investments With Tax Exempts: Survey

Solana Surges Higher Amid Network Upgrades and Rising DeFi Activity

Fubon Bank partners with Ripple for e-HKD pilot program

New XRP Pair Added by This Binance US Offering: Details

Ripple Ruling Spurs Altcoin Market Interest; Analysts Predict Imminent Turnaround

Join our free newsletter for daily crypto updates!