Google Tightens Crypto Wallet Control: Banning Unlicensed Wallets in US & EU

Google has taken a decisive step, implementing stricter regulations for crypto wallets within its Play Store for both the United States and the European Union (EU). Starting August 2025, any cryptocurrency wallet application on their platform must acquire either federal or regional licenses to operate. This sweeping policy change signifies Google’s commitment to compliance with financial regulatory bodies such as FinCEN in the U.S., state banking regulations, and the MiCA framework within the EU.