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Market News

Apple Creates Obstacle In Launching Uniswap’s IOS Wallet App

Although, Uniswap announces a limited early release on Apple TestFlight to win Apple’s trust.

Written By Rajpalsinh
Published March 4, 2023 10:24 AM·Updated 1 year ago
Make The Crypto Times preferred on GoogleGoogle
Apple Creates Obstacle In Launching Uniswap’s IOS Wallet App

A top-notch DeFi firm, Uniswap Labs, announced the launch of its mobile wallet app with limited early release as Apple is showing scepticism towards the launch.

1/ Introducing the Uniswap mobile wallet 🦄✨

A completely self-custodial, open-sourced mobile app from the most trusted name in DeFi.

Now available as a limited early release – through Apple TestFlight. pic.twitter.com/NmO8c0bXMs

— Uniswap Labs 🦄 (@Uniswap) March 3, 2023

On 3rd March, Uniswap unveiled the self-custodial, open-sourced mobile app with a limited early release for only 10,000 users through Apple TestFlight. 

The app offers Swap on and switches seamlessly between various Mainnet scaling solutions, including Polygon, Arbitrum, and Optimism. Users can use the app to transact various ERC-20 tokens and NFTs across these scaling-2 solutions. 

Uniswap disclosed the reason behind the limited release on Twitter: “Simply put, Apple won’t green-light our launch, & we don’t know why,” even though the DeFi platform complies 100% with Apple’s specifications. 

Also Read: MetaMask co-founder cast aside Apple’s App Store

Uniswap Labs’ Design Lead Callil Capuozzo slammed Apple’s stance over their Dapp, saying that he doesn’t think the company or DEX need to fit into existing regulatory regimes for the wallet app to launch.

Some crypto wallets on iOS are already transacting DEX token swaps, including crypto wallet Metamask which paves the way for some trades via Uniswap. 

Such approaches by Apple push DEX platforms into a dilemma about its policy and specification compliance. 

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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