Tech giant, Apple, is reportedly delaying the launch of a Uniswap Labs crypto wallet application. Specifically, the company behind the top decentralized exchange on the Ethereum Network has said Apple is yet to green-light the release for unexplained reasons.
Speaking to Coindesk, a Uniswap Labs spokesperson said that Apple has yet to provide an explanation for the lack of approval. “We’ve responded to their concerns, answered every question, and reiterated that we are 100% complain with their specifications,” they told the publication.
Uniswap Labs Unable to Launch Crypto Wallet App
Following news that the company had blocked an email application featuring ChatGPT technology, Apple is at it again. This time, they are inexplicably delaying the release of an application from one of the biggest names in decentralized finance.
Apple is reported relying on the launch of Uniswap labs crypto wallet applications. Moreover, the company has yet to deliver the exchange with accurate reasoning behind the delay. According to a spokesperson, they have remained compliant despite the uncertainty.
“Apple won’t yet green-light our launch and we don’t know why- we’ve responded to their concerns, answered every question, and reiterated that we are 100% compliant with their specifications,” they told Coindesk.
Alternatively, the report notes that Apple has remained “a hardline gatekeeper in regulating the crypto worlds access to iOS, its mobile software ecosystem.” Additionally, with regularity concerns across the digital asset sector, and Apple’s “approved exchange,” standards, it’s unlikely a DEX platform could receive the green light to launch a mobile application.
The planned mobile app was a self-custodial crypto wallet, allowing full ownership by users. Moreover, it would offer the ability to trade tokens with Uniswap, which already supports a 24-hour volume of more than $1.2 billion. Conversely, Unisap Labs Desing Lead Callil Capuozzo said Apple operates with “a rulebook that nobody can read,” making the process increasingly difficult.