In brief
- Google Play will require software wallets to obtain jurisdiction-specific licenses before distribution in regulated markets.
- The announcement prompted initial backlash over fears that the rules would extend to non-custodial wallets on Android devices.
- Google clarified that non-custodial wallets are exempt from the policy and said it will update its Help Center to reflect the change.
Google said it will update its Play Store policy for software wallets this fall, sparking initial concerns among digital-asset users that the changes could sideline self-custodial wallets on Android devices.
Google Play will require custodial digital wallet apps, like those from exchanges, to hold jurisdiction-specific licenses—including MiCA…
Aug 15 2025
