Apps may facilitate transmission of approved virtual currencies provided that they do so in compliance with all state and federal laws for the territories in which the app functions.
What was surprising was that Coinbase did not put up an app, leading to Vilcsak’s iOS Bitcoin wallet app being the de-facto Coinbase app.
Coinbase bringing the app in-house should begin to allow people to be a bit less worried about trusting yet another intermediary with their bitcoins. Coinbase’s short statement is to the point.
Today we’re excited to announce that we’ve acquired and taken over development of Andrew Vilcsak’s iOS app for Coinbase. Going forward, it will be the official Coinbase iOS app. Andrew did a great job with the app, using our open source code base as a starting point, and we’d like to thank him for his efforts.
We will be releasing an updated version of the app soon, but the current version is already quite good. You can download and install the app here or search “Coinbase” on your iPhone.
While it has not been a direct route for Coinbase to their iOS app, it is a step forward. One step of many they made over the previous several months to provide a better online wallet service to their customers. Coinbase recently added Charlie Lee to the company fold as well so maybe they are working on providing a service for Litecoin as well? Time will tell.
What do you think about Coinbase taking over Andrew Vilcsak’s iOS app? Comment below!
Images from Coinbase, weedezign and Shutterstock.