This might be considered as a possible antitrust violation by Apple, according to Brian Armstrong, CEO of Coinbase.
With Coinbase's debut in India, Armstrong discussed the company's journey and its future objectives and roadmaps on the Superteam podcast.
He said that in the future, "crypto-compatible" cellphones with special hardware characteristics built-in would be available to crypto investors, before going on to call out Apple.
A number of functions that they wanted to include in the app but were refused permission to do so by Apple, he said, were restricted because "Apple so far has not really played well with crypto".
Armstrong didn't go into detail about Apple's stance on such features. His praise for Apple's success and the way "it empowered developers and offered mobile customers a simple method to access new inventive applications" has been well-documented. The Apple of bitcoin, he added in statements made last year, is what he wants for Coinbase.
In the future, crypto cellphones are anticipated to be more secure and easier to use. One crypto investor claimed losing $650,000 in NFTs and crypto this week after giving his Apple ID verification code to a phoney Apple representative over the phone. Once the new password was established, he had full access to his iCloud keychain, including the password to his MetaMask vault.
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