This seems like perhaps the worst time to launch a custodial wallet on iOS without regulatory considerations so let’s hope there’s more info to come here.
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I think this is an overreaction if you’re using it for zaps. You shouldn’t keep large amounts of bitcoin on it and I can’t believe that’s the intent.
Indeed, if am not mistaken others custodial wallets got ban in the US. I wonder if there are some implementation of non custodial wallets (I am just quickly browsing https://github.com/PrimalHQ/primal-ios-app) and I noticed a folder Nostr Tools .. I am not familiar yet.. just wondering if they using Apple Secure Enclave (secure element)
Apple Support
Secure Enclave
The Secure Enclave is a dedicated secure subsystem in the latest versions of iPhone, iPad, Mac, Apple TV, Apple Watch, Apple Vision Pro and HomePod.