Well, that's the way it goes. Apple won't approve bitcoin apps that are actually useful.
Re:Coinbase releases iPhone app
by TazeTSchnitzel on Sunday January 27, 2013 @05:38AM
(#5123851)
Perhaps Apple felt they were circumventing the "only payments via Apple" rule?
"Can't actually send money from this app"
"I can't add funds or send anything."
https://itunes.apple.com/us/app/id588530550?mt=8