Google Bows To Crypto Fury, Unbans Non-Custodial Wallets

Description

A policy whiplash at Google set the crypto industry ablaze on Wednesday before ending in a rare and explicit climbdown : non-custodial wallets are not covered by the Play Store’s new licensing regime. The clarification, posted by Google’s official communications account on X late August 13, came after lawyers, developers, and high-profile Bitcoiners blasted an earlier interpretation of revised rules that appeared to force Anti-Money-Laundering and Know-Your-Customer checks on self-custody softwa...