Google has updated its rules for publishing cryptocurrency apps on the Google Play store. Developers of crypto exchanges and custodial wallets operating in certain countries must now have the appropriate licenses and registrations, depending on the jurisdiction. In the US, this means registration with FinCEN and a state license. In EU countries, authorization as a CASP under MiCA will be required.
Global Requirements and List of Countries
The company clarified that cryptocurrency apps can only be published if they comply with local laws and industry standards. Countries with mandatory licensing include Bahrain, Canada, Hong Kong, Indonesia, Israel, Japan, the Philippines, South Africa, South Korea, Switzerland, Thailand, the UAE, the UK, the US, and all EU member states.
In the EU, the requirement comes into force under MiCA. France has a transition period until June 30, 2026, and Germany until December 30, 2025. Until these dates, national licenses will remain valid, but after that only MiCA authorization will apply.
Submission Process and Restrictions
The document also states that developers must indicate in the App Content section that their application falls into the category of cryptocurrency exchanges and/or software wallets and complete the required forms for relevant countries. If the necessary licenses are not available, those countries must be removed from the targeting list. Google may request additional information to confirm legal compliance.
Non-Custodial Wallets Outside Google Play Regulation
The company emphasized that the updated policy does not apply to non-custodial wallets that do not store users’ funds. In addition, Google will soon update its Help Center to clarify this provision.
This post is for informational purposes only and does not constitute advertising or investment advice. Please conduct your own research before making any decisions.
This post is for informational purposes only and is not an ad or investment advice. Please do your own research making any decisions.