### Key Points: - ✅ **Non-custodial wallets are now EXEMPT*…

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### Key Points:
- ✅ **Non-custodial wallets are now EXEMPT** from licensing requirements
- ✅ Google will update its Help Center to clarify this exemption
- ⚠️ **Custodial wallets still need licenses** (like traditional financial services)
- 📅 The updated policy takes effect **October 29, 2025**