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Coinbase's Wallet iOS app no longer supports NFT transactions due to Apple's strict new policies regarding NFTs.
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You might have noticed that Coinbase Wallet iOS can no longer send NFTs.
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This is because Apple stopped our last app release before we disabled the feature," Coinbase Wallet shared on Twitter Thursday.
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Although NFTs can't be banned from Apple's mobile app stores, they do have to pay a 30% tax for every transaction.
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Developers who fail to comply with this requirement will have their apps removed from the Apple app store.
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Coinbase stated that Apple would like to charge a 30% fee for any gas fees (i.e., transaction fees on Ethereum) on NFT transfers made through the wallet app.
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Coinbase claims this is impossible.
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