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Google Mandates Crypto App Licenses in 15 Regions

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πŸ“° 1 unique sources, 1 articles

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Google has implemented a new policy requiring developers of cryptocurrency exchanges and wallets to obtain government licenses before publishing apps in 15 jurisdictions. This move aims to ensure a safer and more compliant ecosystem for users. The policy affects markets including the United States, the United Kingdom, and the European Union, among others. The U.S. Federal Bureau of Investigation (FBI) has also issued an alert warning of cryptocurrency scams, where fraudsters impersonate government entities to further defraud victims. Losses from such scams have totaled over $9.9 million between February 2023 and February 2024.

Timeline

  1. 14.08.2025 09:46 πŸ“° 1 articles Β· ⏱ 1mo ago

    Google Implements Licensing Requirements for Crypto Apps 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 is designed to ensure a safer and more compliant ecosystem for users. The affected regions include the United States, the United Kingdom, and the European Union, among others. Developers must declare their apps as cryptocurrency exchanges or software wallets and may need to provide additional compliance information.

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