Google Play don impose crypto wallet license for 15 regions, e no go include non-custodial ones

Google Play don drop new policy wey require all crypto wallet apps for 15 regions make dem get correct money service or banking license before dem fit list. For US, developers gats register as Money Services Businesses (MSB) with FinCEN and run AML, KYC and CTF measures; for EU, wallets gats get MiCA Crypto Asset Service Provider (CASP) license. The policy first no separate custodial and non-custodial wallets—dem ignore say FinCEN talk say non-custodial wallets no be money transmitters—so developers vex because compliance cost high and privacy matter. Google come later clear say non-custodial wallets go exempt and promise to update the policy again. Dis move dey try protect users and clear all unregistered apps based on FATF standards, but developers talk say e fit kill innovation, reduce wallet variety and limit user choice for Play Store.
Neutral
To put license requirements and compliance checks fit fit increase development costs and make some wallet apps no dey available gobe, but e no dey directly affect cryptocurrency fundamentals or token value. For short term, stricter App Store rules fit make trading no dey convenient and slow market access; but for long term, standardized regulations fit make user trust better and encourage more people to use am. Overall, the net impact for crypto prices go balanced.