trying not to hinder the advancement of non-custodial wallets, considered a cornerstone for decentralization in digital finance.
ManuelRD
--
Bullish
#CryptoIntegration Google reverses and removes barriers to non-custodial crypto wallets in Play Store
has backtracked on its plan to require licenses for non-custodial crypto wallets in Play Store, which means a victory for the community that advocates for decentralization.
Just a few weeks ago, Google seemed set to implement a comprehensive regulatory framework that would require licenses and registrations for all non-custodial crypto wallets wishing to be present in its app store.
However, in an unexpected turn of events, Google has decided to reverse that stance, thanking the critics and opposing voices that alerted about the potential limitations on innovation and user autonomy.
This turn not only has immediate repercussions for developers and cryptocurrency users but also confirms the sensitivity of the tech giant to regulatory controversies and pressures from the increasingly large crypto community.
This change in direction has been widely analyzed and discussed by experts in technology, regulation, and finance, who agree that Google seeks to balance its interest in maintaining control over its digital ecosystem. $BTC
$BNB
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.