Australian bitcoin exchange CoinJar has for a while had their wallet application up-for-grabs on Apple’s iOS App Store. Interestingly so, because most of its competitors’ apps with similar (if not the same) functionality had already been removed for violating Apple’s money-transmitting policy. But not CoinJar, their resilient little app became the lone soldier on a battleground.
But no longer, it appears. CoinJar today announced their application will be pulled from the iOS App Store by the end of this week. Apple reportedly gave CoinJar an ultimatum: remove the receive and transmitting functionality, or remove the application from the app store entirely.
CoinJar elected to remove the app, but it now urging users to download it before it’s gone for the foreseeable future.
“Apple have done nothing wrong in this situation, they are just managing their own legal liability,” the blog post from CoinJar reads. “We have had amicable discussions with them and hope they will support us in the future, when they have a more clear view of Bitcoin’s place in their regulatory landscape.”