Coinbase Wallet application users are caught in the fray over Apple’s in-app purchase system that takes a 30% cut from app developers who annually make more than $1 million through the App Store. The tech giant is now trying to collect 30% of the gas fee of any NFT transaction that occurs on the Coinbase Wallet mobile app as well.
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Coinbase wallet app update disables NFT functionality at Apple’s request
Coinbase Wallet says it is willing to help Apple to overcome what it hopes is an “oversight on Apple’s behalf” — one that protects their profits at the expense of consumers and developers.
