Google Play has announced a new policy requiring crypto wallet applications to comply with specific licensing regulations in 15 jurisdictions, including the United States and the European Union. This policy will take effect on October 29. The move aims to ensure that crypto wallet apps adhere to local regulatory standards, enhancing user protection and compliance. Importantly, Google Play clarified that this policy does not apply to non-custodial wallets, which do not hold users' private keys. This distinction allows non-custodial wallet providers to continue operating without the need for additional licensing, maintaining their current operations unaffected by the new rules.