A significant update to Google Play’s policies for crypto wallet apps is set to take effect in October 2025. Starting that date, custodial wallets, which manage user funds on behalf of the provider, will need licenses from over 15 jurisdictions. This policy change impacts users as some popular apps may be removed or restricted. Non-custodial wallets, where users control their private keys, are exempt from this licensing requirement. This shift brings several implications: 1) **Security Shift:** Custodial wallets require trust in a third-party provider, increasing vulnerability to hacking and mismanagement. Users must be more mindful of securing their private keys through strong passwords and backup phrases. 2) **User Experience:** Developers need to adapt their apps to meet the new non-custodial standards, potentially impacting features like built-in exchanges or custodial backups. 3) **Opportunities for Innovation:** Non-custodial wallets offer a more secure option but require user responsibility and learning. This encourages developers to focus on creating privacy-focused tools, including DeFi and NFT integration, attracting users who value security and control.