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Coinbase says Apple blocked its last app release on NFTs in wallet'Apple's claim is that the gas fees required to send NFTs need to be paid through their In-App Purchase system,' Coinbase said
Reuters
Last Updated IST
Coinbase logo. Credit: Reuters File Photo
Coinbase logo. Credit: Reuters File Photo

Coinbase Global Inc said on Thursday customers using Apple Inc's iOS will not be able to send non-fungible tokens (NFTs) to its wallet anymore.

"Apple's claim is that the gas fees required to send NFTs need to be paid through their In-App Purchase system so that they can collect 30% of the gas fee," Coinbase added in a tweet.

The 30 per cent fee has been a contentious point between the world's most valuable company and other app developers like Spotify and "Fortnite" maker Epic Games, which have accused the company of misusing its "monopoly".

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Apple did not immediately respond to a Reuters request for comment.

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(Published 02 December 2022, 00:33 IST)