Thread by @Jioni_Analytics

1/7 Apple has approved Uniswap's iOS wallet app, indicating a potential shift in its approach to #cryptocurrency. The wallet is live in numerous countries, including the UK, Hong Kong, Spain, Indonesia, and more, with further expansion planned.
#NoLimits

2/7 Developed by Uniswap Labs, the wallet allows users to create or import an Ethereum wallet, securely store recovery phrases, send/receive ERC20 tokens, exchange on Mainnet, Polygon, Arbitrum, and Optimism, and purchase crypto with fiat at a 2.55% fee.

3/7 The Uniswap wallet connects to apps via WalletConnect, monitors top tokens and wallet addresses, and provides details about NFTs like floor price, ownership, and collection descriptions. Users can choose security methods and receive push notifications for on-chain activities.

4/7 Apple's approval of the decentralized Uniswap wallet app marks a change in its stance on crypto integration within the iOS ecosystem, after previously being seen as a stringent gatekeeper, banning crypto trading apps that didn't use an 'approved exchange.'

5/7 As a decentralized exchange (DEX), Uniswap's approval signals a potential shift in Apple's approach to crypto applications. Uniswap's non-custodial wallet app, which includes a swap feature through its unregulated, permissionless DEX, is now allowed on the App Store.

6/7 The approval may lead to a more open ecosystem for NFT-related apps and other crypto applications, indicating a significant change in Apple's business policies and guidelines, enabling users to bypass certain restrictions and avoid the 30% commission on payments.

7/7 As the Uniswap wallet app becomes more widely available, it'll be interesting to see its impact on the integration of crypto and DeFi within the iOS ecosystem. For now, Apple's decision is a step forward for crypto integration and a more inclusive financial future. #Uniswap