Will This Incoming Apple Update Kill Crypto & Web3 Apps in EU?

By admin On Мар 1, 2024

As Apple gears up to release its next iOS update, the tech community is abuzz with speculation and concern about the potential impact on the crypto and web3 app ecosystem in the European Union (EU). The core of the issue lies in Apple’s decision to disable Progressive Web Apps (PWAs) on its devices.

This move could significantly alter the sector for developers and users alike.

Apple PWA Ban: A Double-Edged Sword for Crypto & Web3

At first glance, Apple’s initiative appears to be a stride towards compliance with the EU’s Digital Markets Act (DMA). This act is aimed at fostering a more competitive digital market. However, this move could have unintended consequences, particularly for crypto and web3 applications.

EU’s Digital Market Act timeline. Source: Quinz

The removal of PWA support from iOS devices means that developers now face the daunting task of pivoting towards native app development.

This shift is not trivial. Native apps require more resources, both in terms of time and money and are subject to Apple’s stringent app review process and guidelines.

“We expect this change to affect a small number of users. Still, we regret any impact this change — that was made as part of the work to comply with the DMA — may have on developers of Home Screen web apps and our users,” Apple stated.

The implications of this policy are far-reaching. Developers of crypto and web3 apps, which have traditionally relied on the flexibility and cross-platform accessibility of PWAs, might see increased development costs and extended time-to-market for their applications.

Moreover, the ban on PWAs could limit the reach of crypto and web3 apps. PWAs are renowned for their ability to function across different platforms without the need for installation from an app store, making them a pivotal tool for ensuring wide accessibility.

By restricting these apps, Apple could inadvertently reduce the adoption rate of new and existing web3 technologies among iOS users.

Crypto and Web3 Proponents Speak Out

The decision has not gone without its critics. Ray Youssef, CEO of NoOnes, views Apple’s move as,

“An attack against a free market for information and Bitcoin.”

He urged the community to consider the broader implications of such policy changes:

“It’s that serious. Time to boycott Apple! How long before Android follows?”

Youssef’s call to action highlights the growing concerns within the crypto community regarding the future of app development and distribution on major platforms.

As the release date of iOS 17.4 approaches, the crypto and web3 app ecosystem stands at a crossroads. The ban on PWAs by Apple, while aimed at compliance with the DMA, poses significant challenges for developers. It could also stifle innovation within the sector.

Developers and companies in the crypto and web3 space will need to explore alternative strategies to maintain their presence on iOS devices, possibly focusing more on native app development.

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