Epic vs Apple decision could have a big impact on cryptocurrencies

U.S. District Judge Yvonne Gonzalez Rogers ruled that developers no longer have to use Apple's payment system in their apps. The ruling could potentially open the door to cryptocurrency purchases within apps, so some members of the cryptocurrency community are already viewing it as a victory for the industry. CNBC Crypto Trader host Ran Neuner noted that the implications of the long-awaited decision are "enormous" for digital assets.

CEO of Uniswap Labs Hayden Adams also noted that recent developments in the Epic v. Apple case could be favorable for cryptocurrencies. Apple developers will be able to choose whether to accept bitcoin or other cryptocurrencies.

The Epic company, developer of the video game Fortnite, has sued Apple over its demand for app purchases. Apple charges a 30 percent commission on the cost of the apps and various in-app purchases. When Epic added its own payment method to Fortnite to get all the revenue, the popular game was removed from the App Store in retaliation.

Thanks to the injunction, developers will now be forced to look for alternative payment options to avoid paying fees, potentially spurring cryptocurrency adoption.

It should be noted that the lawsuit is still ongoing. The injunction is expected to take effect in 90 days. Apple has not yet decided whether it will appeal today's decision. The decision was actually favorable to the Cupertino-based company on all but one count. The judge dismissed the lion's share of Epic's antitrust claims against the defendant, stating that "success is not illegal." However, even though Epic failed to prove that Apple is a monopoly, the tech giant is still likely to fail to make billions of dollars because of developers choosing outside payment methods. All in all, both companies lost today.