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Google Play Store Tightens Crypto Wallet Policy with New Regulatory Requirements
Google Play Store Tightens Crypto Wallet Policy with New Regulatory Requirements
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BTCCSquare news:
Google Play Store has implemented stringent new requirements for cryptocurrency wallet applications, mandating that developers obtain FinCEN registration, state banking licenses, or MiCA licenses to remain listed. The policy update, effective October 29, targets unregulated software wallets, potentially reshaping the accessibility of crypto services on the platform.
The MOVE reflects growing regulatory scrutiny in the digital asset space, with major platforms increasingly enforcing compliance measures. While no specific coins or exchanges are directly impacted by the announcement, the policy could indirectly affect ecosystems reliant on Android-based wallet solutions.
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