Google Requires Crypto App Licenses in 15 Regions as FBI Warns of $9.9M Scam Losses
Aug 14, 2025
Cryptocurrency / Financial Crime
Google said it's implementing a new policy requiring developers of cryptocurrency exchanges and wallets to obtain government licenses before publishing apps in 15 jurisdictions in order to "ensure a safe and compliant ecosystem for users." The policy applies to markets like Bahrain, Canada, Hong Kong, Indonesia, Israel, Japan, the Philippines, South Africa, South Korea, Switzerland, Thailand, the United Arab Emirates, the United Kingdom, the United States, and the European Union. The changes do not apply to non-custodial wallets. This means developers publishing cryptocurrency exchange and wallet apps have to hold appropriate licences or be registered with relevant authorities like the Financial Conduct Authority (FCA) or Financial Crimes Enforcement Network (FinCEN), or authorized as a crypto-asset service provider (CASP) under the Markets in Crypto-Assets (MiCA) regulation before distribution. "If your targeted location is not on the list, you may continue to p...