Uniswap wants to create a mobile wallet, but Apple will not approve the launch


Despite getting its mobile wallet’s initial version authorized in October, Uniswap Labs is experiencing challenges with Apple’s App Store.

Uniswap Labs has revealed intentions to launch a new self-custodial mobile wallet enabling users to swap on layer-1 or layer-2 networks without switching blockchains.

According to Uniswap Labs, the wallet lets users see price charts and search for any token across many networks, including Ethereum, Polygon, Arbitrum, and Optimist. To guarantee the highest level of security, Uniswap Labs collaborated with Trail of Bits to audit the wallet. In addition, imported and newly generated wallets’ seed phrases and private keys will be encrypted and kept on devices using Apple’s Secure Enclave, which is prohibited from device backups. Uniswap also disclosed that customers could physically store their seed phrases on paper or encrypt and store them on iCloud.

Despite getting its mobile wallet’s initial version authorized in October, Uniswap Labs has encountered challenges with Apple’s App Store. While other self-custody shifting wallets have been approved, Apple rejected the final version of Uniswap’s mobile wallet only days before its scheduled December 2022 release.

Uniswap Laboratories said it addressed Apple’s concerns, answered all of its inquiries, and confirmed compliance with the company’s requirements. Apple has not yet approved the launch; thus, Uniswap Labs is in limbo. Consequently, it provides early access to a few thousand Testflight users while awaiting Apple’s launch approval.

Uniswap notes in its release: “Apple will not approve our launch, and we do not know why. We are in a state of limbo.”

On Feb. 6, Cointelegraph reported that Uniswap community members voted to install Uniswap v3 on the layer-2 protocol of the Boba Network on Ethereum, making the Boba Network the sixth chain to adopt Uniswap v3. Many businesses supported the initiative, including GFX Labs, Blockchain at Michigan, Gauntlet, and ConsenSys.

Also Read: Ripple Founder Brad Garlinghouse Urges US Crypto Adoption

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