Google: New Google Play Store rules will not restrict the listing of unregistered non-custodial wallets

On August 14th, The Block reported that there were rumors that the Google Play Store planned to ban unregistered, non-custodial crypto wallets in several countries, including the United States and the United Kingdom, starting in October.

Google issued a clarification statement on X, stating that it has no intention of restricting non-custodial wallets. "Non-custodial wallets are not covered by the Google Play cryptocurrency exchange and software wallet policy. We are updating the Help Center to clarify this."

Google's new policy will take effect on October 29th and will primarily target custodial exchanges and software wallets that must comply with regulations.