Is this a loophole for all emulators, then? Couldn't someone theoretically write an emulator for a fully homebrew Super Nintendo game that reads from the disk?

Is this a loophole for all emulators, then? Couldn't someone theoretically write an emulator for a fully homebrew Super Nintendo game that reads from the disk? If I recall correctly, Apple doesn't care if you interpret other code (some sort of assembly, in this case) from the disk, just that you cannot download new interpreted code from the internet with your app (and even here they are lenient with apps that load HTML5 updates other-the-air).