Google now requires custodial wallets and crypto exchanges to hold official licenses in key regions, while non-custodial wallets remain exempt.
According to Google Play’s updated developer policy, crypto app developers must prove compliance with local laws when requested.
In the US, developers must be FinCEN-registered and licensed at the state level or operate as recognized banks. In the EU, authorization as a crypto-asset service provider (CASP) under MiCA is mandatory.
Regional requirements also include: UK (FCA), Canada (FINTRAC), Japan (FSA), South Korea (VASP reporting), UAE (local regulators), Bahrain (Central Bank), Switzerland (FINMA), Hong Kong (SFC), Thailand (SEC), and South Africa (FCA).
France and Germany have transition periods until mid and late 2026 for MiCA compliance. Developers in other countries can still publish apps but must provide proof of compliance if asked.
These rules apply only to custodial wallets and exchanges — non-custodial wallets remain unaffected. Google will also update help center documentation for clarity.
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