Apple rejects non-custodial Bitcoin app Zeus

Apple said the BTC app was in violation of its guidelines, stating it did not hold the necessary licences needed to launch on the platform

Apple has rejected the Bitcoin (BTC) app Zeus, a non-custodial lightning-enabled BTC wallet.

The technology giant stated that Zeus does not currently hold the required proof of appropriate licenses – like a money transmitter licence – in order to adhere to the “transmission” of cryptocurrencies legally.

Taking to Twitter, Zeus founder Evan Kaloudis shared a screenshot of his rejection from Apple.

“Please provide documentary evidence demonstrating you have the necessary licences and permissions to distribute an app with cryptocurrency exchange features in all the locations where the app is currently available”, it read.

Without proof of the appropriate licences, Zues appears to be in violation of Apple’s guidelines requiring all apps to provide evidence of appropriate licences for cryptocurrency transmission.

However, several legal experts have argued that non-custodial wallets like Zeus – that do not take custody of funds or private keys -should not need to be classified as money transmitters and claim it is a classification for custodial wallets.

“Non-custodial wallets should be approved, there's a specific exception in the same section. There are a lot of wallets in the app store,” tweeted Breeze, a non-custodial wallet already launch on Apple’s App Store. “Things happen like this during an app review.”

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Written by Isabella Aslam

Reporter

Isabella is an experienced writer in B2B and B2C journalism. Alongside crypto, Isabella writes and discusses the topics of relationships and psychology. Isabella holds a first-class degree in music journalism and often interviews electronic artists and DJs.