Google Play Store Requires License for Crypto Wallet Apps
JUST IN: Google Play Store has implemented a new policy that requires software wallets to obtain a license before they can offer crypto wallet apps on the platform.
The policy change affects a total of 15 jurisdictions, with significant regions such as the European Union and the United States included.
This development is expected to have implications for developers of crypto wallets looking to enter the market. It could also influence investor perceptions regarding the ease of access to such apps and the associated compliance costs.