Apple wants to get its 30% on NFT transfers on the Coinbase app except that…

Apple wants to apply its famous 30% tax to NFT transferred from the wallet Coinbase. A strange decision, which would be difficult to apply.

The famous commission applied by Apple on transactions made through applications downloaded from its App Store has yet to be talked about. The Cupertino company would like this time to apply it to the gas costs of NFT shipments made from the Coinbase iOS wallet. An extravagant request?

Apple blocks ability to send NFTs via Coinbase

Are we seeing a new sequence of attacks against the App Store, and the 30% commission taken by the bitten apple firm on payments made on iOS applications? We remember the battle which had opposed Epic Games, and which had led to many controversies. Since the fire seems to resume, with Elon Musk who had again criticized this ” secret tax ” Start of the week.

And the controversy is likely to resurface with an announcement that this time comes from Coinbase. Indeed, the cryptocurrency exchange platform explains that the possibility of sending NFTs from your home wallet has been suspended by Apple. And for a pretty clear reason.

Apple now wants its 30% tax applied to each NFT transfer, which requires gas fees. As a reminder, these fees correspond to the commission paid by the sender to pay the minor who validates the transaction.

A technically inapplicable decision

What a surprise. Coinbase likened the move to a hypothetical Apple asking for 30% commission for sending each email.

And beyond the question of the injustice or not of such a desire, Coinbase also explained that in any case the collection of this tax was simply not possible. Why is that ? Quite simply because the App Store’s in-app purchases system does not allow you to pay in cryptocurrency.

Thereby, ” we couldn’t comply even if we didn’t want to notes the American exchange. Before adding: put simply, Apple has introduced new rules to protect its profits at the expense of consumer investment in NFTs and developer innovation in the crypto ecosystem “. Will Apple maintain this policy?

Source : Coinbase (Twitter)