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Google Implements Crypto App Licensing Policy in 15 Regions

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📰 1 unique sources, 1 articles

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Google has implemented a new policy requiring cryptocurrency exchange and wallet app developers to obtain government licenses in 15 jurisdictions. This move aims to ensure a safe and compliant ecosystem for users. The policy affects markets including the United States, the United Kingdom, and the European Union, among others. The FBI has also issued an alert warning of cryptocurrency scams, where fraudsters impersonate law firms and government entities to further defraud victims. Losses from these scams totaled over $9.9 million between February 2023 and February 2024.

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  1. 14.08.2025 09:46 📰 1 articles

    Google Enforces Crypto App Licensing in 15 Regions

    Google has implemented a policy requiring cryptocurrency exchange and wallet app developers to obtain government licenses in 15 jurisdictions. This policy aims to enhance the safety and compliance of the cryptocurrency ecosystem. Developers must declare their apps' financial features and may need to provide additional compliance information. The FBI has issued an alert about cryptocurrency scams where fraudsters impersonate law firms and government entities, resulting in over $9.9 million in losses between February 2023 and February 2024.

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