Is Apple finally relaxing its stance on Bitcoin apps?

In a potential course correction, Apple is opening to the idea of letting iPhone users make payments with bitcoins and other alternate currencies.

The company's updated its developer guidelines to allow apps that "facilitate" transactions made with "approved" cryptocurrencies: “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.”

That Apple is addressing virtual currencies explicitly is another indication that Bitcoin and the like are becoming increasingly mainstream, even if the company is reserving a huge amount of say over what it'll allow on the app store. It's also possible that Apple will continue to keep Bitcoin apps off-limits, as it requires developers to be legally compliant in "all territories" -- which, considering how many regulators are still struggling to understand the technology, might restrict developers for a long time.