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Uniswap introduced a mobile wallet

by Vaibhav
March 18, 2023
in News
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Uniswap introduced a mobile wallet
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  • The wallet will have many useful features
  • Apple has yet to approve the launch
  • The audit was conducted by Trail of Bits

At EthDenver, Uniswap introduced mobile wallet for iOS users, in which it will be possible to perform many transactions.

Unfortunately, the wallet is currently only available in early access. Because tech giant Apple rejected the final build just a few days before launch.

“We have responded to their comments, answered all questions and confirmed that we are 100% in line with their recommendations. Other wallets have been approved, but Apple is not giving the green light to our launch, and we don’t know why. We are stuck in uncertainty,” said the wallet developers.

Apple has refused to adapt its trading policy to the requirements of some crypto companies, and has also banned crypto trading apps that do not use an approved exchange.

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Uniswap is a DEX exchange and it is unknown if it will ever meet the criteria. This may mean problems for the crypto wallet application. Because it will have a swap feature that routes trades through Uniswap without authorization and without regulation.

Company spokesperson Kallil Capuozzo believes that in order to launch the application, DEX should not fit into the framework of regulation. Other apps that Apple supports token exchange. For example, Metamask routes some trades through Uniswap. He added that the firm gives different answers to different organizations.

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Uniswap decided not to wait, but to act, and launches beta testing in Testflight. The app has not changed functionality, is safe to use, and can be upgraded to the App Store version after Apple approves it.

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