Google Enforces Crypto App Licensing in 15 Regions
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Google has implemented a new policy requiring developers of cryptocurrency exchanges and wallets to obtain government licenses in 15 jurisdictions. This move aims to ensure a safer and more compliant ecosystem for users. The policy does not apply to non-custodial wallets. The FBI has also issued an alert warning of cryptocurrency scams, where fraudsters impersonate government entities to further defraud victims. Between February 2023 and February 2024, victims reported losses totaling over $9.9 million.
Timeline
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14.08.2025 09:46 1 articles · 1mo ago
Google Requires Crypto App Licenses in 15 Regions
Google has started enforcing a new policy requiring developers of cryptocurrency exchanges and wallets to obtain government licenses in 15 jurisdictions. This policy aims to ensure a safer and more compliant ecosystem for users. The policy does not apply to non-custodial wallets. The FBI has issued an alert warning of cryptocurrency scams, where fraudsters impersonate government entities to further defraud victims. Between February 2023 and February 2024, victims reported losses totaling over $9.9 million.
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- Google Requires Crypto App Licenses in 15 Regions as FBI Warns of $9.9M Scam Losses — thehackernews.com — 14.08.2025 09:46
Information Snippets
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The new policy applies to 15 regions, including Bahrain, Canada, Hong Kong, Indonesia, Israel, Japan, the Philippines, South Africa, South Korea, Switzerland, Thailand, the United Arab Emirates, the United Kingdom, the United States, and the European Union.
First reported: 14.08.2025 09:461 source, 1 articleShow sources
- Google Requires Crypto App Licenses in 15 Regions as FBI Warns of $9.9M Scam Losses — thehackernews.com — 14.08.2025 09:46
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Developers must be licensed or registered with relevant authorities, such as the Financial Conduct Authority (FCA), Financial Crimes Enforcement Network (FinCEN), or authorized as a crypto-asset service provider (CASP) under the Markets in Crypto-Assets (MiCA) regulation.
First reported: 14.08.2025 09:461 source, 1 articleShow sources
- Google Requires Crypto App Licenses in 15 Regions as FBI Warns of $9.9M Scam Losses — thehackernews.com — 14.08.2025 09:46
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Developers must declare their app as a cryptocurrency exchange and/or software wallet in the Financial Features Declaration section.
First reported: 14.08.2025 09:461 source, 1 articleShow sources
- Google Requires Crypto App Licenses in 15 Regions as FBI Warns of $9.9M Scam Losses — thehackernews.com — 14.08.2025 09:46
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Developers without the required licenses must remove their apps from the targeted regions.
First reported: 14.08.2025 09:461 source, 1 articleShow sources
- Google Requires Crypto App Licenses in 15 Regions as FBI Warns of $9.9M Scam Losses — thehackernews.com — 14.08.2025 09:46
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The FBI alert warns of scams where fraudsters impersonate government entities to further defraud victims.
First reported: 14.08.2025 09:461 source, 1 articleShow sources
- Google Requires Crypto App Licenses in 15 Regions as FBI Warns of $9.9M Scam Losses — thehackernews.com — 14.08.2025 09:46
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Scam victims reported losses totaling over $9.9 million between February 2023 and February 2024.
First reported: 14.08.2025 09:461 source, 1 articleShow sources
- Google Requires Crypto App Licenses in 15 Regions as FBI Warns of $9.9M Scam Losses — thehackernews.com — 14.08.2025 09:46
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The FBI lists several red flags to help users identify potential scams, including impersonation of government entities, requests for payment in cryptocurrency, and lack of credentials.
First reported: 14.08.2025 09:461 source, 1 articleShow sources
- Google Requires Crypto App Licenses in 15 Regions as FBI Warns of $9.9M Scam Losses — thehackernews.com — 14.08.2025 09:46
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