The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
Google Play will mandate jurisdiction-specific licenses for custodial crypto wallets, sparking initial concerns over non-custodial wallets. The tech giant clarified that self-custodial wallets remain exempt, easing fears among users.
- Google Play will enforce jurisdiction-specific licenses for custodial wallets, including MiCA (EU), FCA (U.K.), and FinCEN (U.S.).
- Non-custodial wallets are exempt from the new policy, easing concerns over self-custody restrictions.
- The policy takes effect October 29, with transitional arrangements in France and Germany.
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Related Tags: Google Markets in Crypto Assets (MiCA)
