#Google has introduced strict changes to the Google Play Store policy, prohibiting the placement of cryptocurrency wallet applications (software wallets) and cryptocurrency exchanges without the appropriate licenses.
In the European Union, authorization as a Crypto-Asset Service Provider (CASP) is required according to the MiCA regulation. Developers must comply with additional local rules, e.g., in France (registration with AMF by June 30, 2026) or in Germany (BaFin licenses by December 30, 2025). After these deadlines, only MiCA licenses will be accepted.
In the United States, developers must be registered with FinCEN as a Money Services Business and hold a state license as a money transmitter. Alternatively, the application can be offered by a federal or state bank. The absence of these qualifications means the application will be removed from the store.
These changes are another step towards greater control over how people manage their money and digital assets. For the average Joe or Smith, this means fewer options, more bureaucracy, and reliance on large institutions, which undermines the idea of crypto decentralization.
