Coinbase is considering removing the DApp browser component from its crypto wallet application in order to continue being hosted on the Apple app store. The San Francisco based crypto exchange noted that it will implement this move for compliance purposes as per Apple’s policy.
This action by Apple is not the first against DApp browsers by the existing tech giants. Just recently, Google removed the Ethereum Metamask browser from its Android store portfolio citing that the application violates its ‘no mining’ policy. Brian Armstrong, Coinbase CEO, confirmed via a reddit post,
According to Armstrong, the situation can be salvaged by DApp users who use Apple devices. They could request the phone manufacturer to accommodate such applications in their policies as more people embrace decentralized tech and digital currencies. Developers who currently have millions worth of crypto tokens tied up for DeFi projects however face the risk of losing value if they do not find efficient alternatives to operate in.
A War Against DApps and Crypto?
The ongoing policy hurdles against DApps could be a war to protect Google and Apple’s existing market given the potential of disruption by web3.0. Metamask which was removed from Google Play wouldn't permit mining although this was the main reason cited for its elimination. Other crypto stakeholders are also complaining of unfair treatment by Google’s subsidiaries like YouTube.
A number of digital currency influencers raised complains that YouTube had removed their content from the platform in the course of December, 2019. Omar Baham, one of the popular crypto influencers, said in a tweet,
Coinbase is removing decentralized application interaction from their mobile wallet, due to pressure from Apple.
Web3 is in direct competition with Google & Apple. We should expect continued censorship on MetaMask, Coinbase, & other dapp browsers.
Disruption ain't easy. pic.twitter.com/FLweZrq7m9
— Omar Bham (Crypt0) (@crypt0snews) December 28, 2019