Last updated on June 5th, 2014 at 04:58 pm
Following Apple’s new policy on digital currencies, Australian based bitcoin payment processor, CoinJar, is the first Bitcoin company to have its app reinstated to the iTunes App Store for UK and Australian users.
Apple’s new policy
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.
Given that Apple has not said what it regards as “approved” currencies, the addition of this point gave no clarity as to whether bitcoin applications would be accepted in the future. It was possible that this was simply opening the door for more nuanced rejections. Clearly, Coinjar’s return is positive, but it will remain to be seen whether Apple pull the app again.
Coinjar’s CEO, Asher Tan, announced the return to the App Store on Twitter:
(Re)-Introducing CoinJar for iPhone in Australia & the UK. https://t.co/MSYAWeRkzI
— Asher Tan (@ashertn) June 3, 2014
There have been some posts on the Bitcoin sub-Reddit confirming that the ability to send bitcion has been (re)enabled in the CoinJar app. In reply to this post, Coinjar co-founder Ryan Zhou also confirmed:
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 United Kingdom
At least one other thread has been posted with a screenshot of the app in action.
In both of the threads mentioned above, users were reporting success in sending bitcoin through the app.
More apps to follow?
He said to newsBTC, “We’re cautiously optimistic about the news, […] A lot of users and development have migrated to Android so Apple has a big job ahead to swiftly cultivate and attract apps.” He added, “We will definitely be resubmitting the Blockchain iOS app and look forward to the day where we can invest and improve the experience”.