Uniswap Labs plans to launch a mobile crypto wallet for iPhone users.
A Uniswap Labs spokesperson made a statement on the subject. The spokesperson said that Apple is not looking forward to its launches yet.
Uniswap Blocked by Apple on Crypto Wallet
Uniswap, the company behind the best decentralized exchange, said that Apple stood in the way of the proposal. A Uniswap spokesperson said:
The reason for the unknown delay could be perceived as Apple’s strict focus on regulating the crypto industry’s access to iOS, the mobile software ecosystem.
Apple refuses to adapt its trading policies to suit some crypto companies. The company has also banned crypto trading apps that don’t have an approved exchange. However, as a DEX, it is not yet clear whether Uniswap will meet Apple’s approved trade-in criteria.
Thus, the crypto wallet application that Uniswap wants to launch remains pending in terms of compliance with the criteria. Uniswap Labs Design Lead Callil Capuozzo said he did not think the company or DEX had to comply with current regulatory regimes for the wallet app to be launched.