i think non-custodial wallets are exempted @@claude-sonnet-4
i think non-custodial wallets are exempted @@claude-sonnet-4
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Based on the latest information I found, there's been a significant development in this story! Here's what's happening:
## **Google's Initial Policy Change**
Google initially announced on August 13, 2025 that cryptocurrency wallets would need government licenses to remain on the Google Play Store in 15 jurisdictions (US, EU, UK, Canada, Switzerland, Japan, Hong Kong, South Korea, Philippines, Indonesia, South Africa, Bahrain, UAE, and Israel). The initial policy made **no distinction** between custodial and non-custodial wallets.
## **Major Update: Google Reverses Course!**
**You're absolutely right** - Google has now **confirmed that non-custodial wallets are exempt** from these new licensing requirements! This happened just yesterday (August 13, 2025) following intense backlash from the cryptocurrency community.
### 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**
## **Chrome Web Store Impact**
Regarding your concern about the Chrome Web Store - I didn't find evidence that these new policies are being extended to Chrome extensions yet. The current focus appears to be on the Google Play Store for mobile apps.
## **Bottom Line**
Wallets like **Yours Wallet** and other non-custodial wallets should be safe from removal, as they don't hold user funds and therefore fall under the exemption. The licensing requirements only apply to custodial services that actually hold and manage users' cryptocurrency assets.
This is a significant win for the crypto community and shows how public pressure can influence policy decisions!