Previously Banned CoinJar App Returns to Apple’s App Store

| Updated
by Konstantin Lazarev · 2 min read
Previously Banned CoinJar App Returns to Apple’s App Store
Photo: CoinJar

Australia-based bitcoin wallet CoinJar reported that its iOS app can now be accessed by iPhone users in the UK and Australia, following the Apple Inc’s update to its App Store guidelines launched on June 2nd, 2014.

CoinJar, Australia-based bitcoin wallet and exchange provider based in Melbourne, has reported that its iOS app can now be accessed by iPhone users in the UK and Australia.

The update follows the Apple’s update to its App Store guidelines launched on 2nd June, which stated that apps could facilitate the transmission of virtual currencies.

“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,” Apple stated in an update to its App Store review guidelines.

Regardless of the widespread interest around the news, it is still unclear to what extent the policy impact the biotin and other crypto currencies, which are still having troubles to are still fighting to explain their regulatory status in the world.

Nevertheless, the fact that CoinJar app is back to the App Store delivers good news, especially because before the app was banned from the App Store.

Asher Tan, the CEO took of CoinJar, posted to Twitter the news, however he did not mention any details how CoinJar managed to get an approval.

Community reaction

Even thought the full outcome of the update is still unclear, the reaction among the enthusiasts in the bitcoin community was positive regarding the news.

Ryan Jou, CoinJar co-founder, took to bitcoin community on reddit to offer even more news, saying that his company’s approved iOS app would soon be more broadly available.

Zhou mentioned:

“[The] CoinJar app will be available in the following countries in 24 hours: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Italy, Luxembourg, Netherlands, New Zealand, Norway, Poland, Singapore, Spain, Sweden, Switzerland [and the] UK.”

Moreover, users has already reported their positive comments regarding the success with the app’s bitcoin trading functionality.

Optimism begins

In addition the CEO of Blockchain, Nic Cary, told that his company would be planning to submit once again its app to Apple for review and that he was optimistic about the possibility of his company’s app being approved by Apple.

Due to the huge market share that Apple holds, the company’s anti-bitcoin policies were influencing the digital currencies’ promotion.

However, it is still unclear what will be the result of the Apple’s update, until all the apps are reviewed.

Bitcoin News, Cryptocurrency news, News
Konstantin Lazarev
Co-Founder & CIO Konstantin Lazarev

Konstantin has always been at the forefront of the global virtual currency scene since first discovering cryptocurrencies the same year that Satoshi Nakomoto created bitcoin in 2009. Konstantin is the owner of a number of small businesses in trucking and mobile development, and co-founded CoinSpeaker in 2014. He graduated from Belarusian State University in 2009 with a degree in Mathematics and Mechanics. You can contact Konstantin via [email protected]

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