– Google enforces new Play Store rules requiring crypto apps to hold licenses in key jurisdictions like the U.S. and EU.
– Developers must secure FinCEN registration (U.S.) or MiCA-compliant CASP status (EU) to avoid app rejection or removal.
– Policy targets non-custodial wallets/exchanges, aiming to align with global regulations and combat fraud/money laundering.
– Critics warn it may exclude smaller developers due to compliance costs, narrowing DeFi app availability and forcing sideloading alternatives.
– The move mirrors Apple’s approach, signaling increased institutionalization of crypto markets amid regulatory pressures.
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