APPLE SUED FOR BLOCKING CRYPTO TECH FOR P2P PAYMENTS

Summary from the TLDR Crypto newsletter

Apple is facing a class-action lawsuit for allegedly monopolizing the iOS peer-to-peer payment market and restricting crypto tech on the platform. Consumers allege that Apple's anti-competitive practices with PayPal's Venmo and Block's Cash App restricted the crypto transactions within the payment apps, leading to inflated prices. The lawsuit is seeking compensation for excessive fees and injunctions against Apple's anti-competitive practices.