A class action suit filed on Nov. 17 in California alleged that Apple entered anti-competitive agreements that partially restricted the use of cryptocurrency.
Specifically, plaintiffs said that agreements between Apple and its competitors prevent iOS Peer-to-Peer Payment Market apps from offering decentralized crypto features.
The plaintiffs asserted that Apple’s agreements apply to various other payment companies including competitors such as PayPal (owner of PayPal and Venmo), Block (owner…