Apple Reverses Cryptocurrency Ban, Allowing Transactions Through Vast User Ecosystem

Apple has announced a significant policy shift by reversing its cryptocurrency ban, effective May 2, 2025. This decision marks a substantial change in their stance on digital currencies, aligning with the growing acceptance of cryptocurrencies in mainstream financial systems.

The company’s new policy opens up its vast user ecosystem to cryptocurrency transactions, reflecting the changing landscape of digital finance. Bitcoin is currently approaching the $95,000 mark, underscoring its rising adoption as a store of value.

Financial analysts suggest that this milestone could be a precursor to reaching $100,000 in light of tech giants embracing digital assets. The Apple decision may influence corporate Bitcoin adoption, with public companies holding 96% of newly mined Bitcoin in 2025, signaling the mainstreaming of Bitcoin in treasuries.

This shift parallels other recent changes in tech giants’ stance towards digital assets. Historically, these transitions have reinforced cryptocurrency integration and driven significant changes in market dynamics.

As a result, expert analysis from Kanalcoin highlights potential boosts in digital adoption due to Apple’s influence.

Source: https://www.kanalcoin.com/apple-cryptocurrency-ban-lift-bitcoin/