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Google Tightens Policies on Crypto Wallet Apps Across Major Markets

Google Tightens Policies on Crypto Wallet Apps Across Major Markets

Published:
2025-08-14 02:37:01
20
2
BTCCSquare news:

Google has implemented stricter policies for cryptocurrency wallet applications, leading to the delisting of non-compliant apps in several key regions. The affected markets include the US, EU, UK, Canada, Switzerland, Japan, Hong Kong, South Korea, and multiple other jurisdictions where regulatory frameworks pose challenges for non-custodial wallet providers.

The policy shift has sparked concerns within the crypto community, particularly around self-custody solutions that empower users to control their digital assets. While alarmist claims about automatic wallet deletions circulated on social media, the actual impact appears more measured—focusing on compliance with local regulations rather than outright bans.

Industry observers note this marks a reversal from Google's previously crypto-friendly stance. The tech giant now requires wallet and exchange apps to demonstrate adherence to regional financial regulations, mirroring the broader trend of institutional platforms adapting to evolving compliance demands.

|Square

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