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102 sats \ 7 replies \ @nolem 13 Aug \ parent \ on: Google Play Store Bans Wallets That Don't Have Banking License Politics_And_Law
JC is correct on this? Xitter reporting Google clarifying to JD that the rumours are not correct
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50 sats \ 6 replies \ @Scoresby 13 Aug
Right you are:
Thanks for flagging this. Non-custodial wallets are not in scope of Google Play’s Cryptocurrency Exchanges and Software Wallets Policy. We are updating the Help Center to make this clear.
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234 sats \ 2 replies \ @petertodd 13 Aug
Most likely this was a trial balloon to test public response. If we hadn't raised hell immediately good chance it would go through.
As it is, this is extremely bad anyway: it'll still ban lots of useful wallets, including cashu wallets, LN wallets that use tech like cash to build up enough of a balance to open a channel, etc. etc. Even Zeus won't be allowed: they recently added cashu support.
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0 sats \ 1 reply \ @nichro 13 Aug
Wait why is cashu targeted by this if it's not self-custodial?
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132 sats \ 0 replies \ @k00b OP 14 Aug
Ecash mints are custodial. They are like banks that give you bank notes that allow you to redeem your money from the bank in the future.
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5 sats \ 1 reply \ @028559d218 13 Aug
So this information is... not correct? So non-custodial wallets on Google Play, in the US and EU aren't restricted???
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10 sats \ 0 replies \ @nolem 13 Aug
Looks that way, the rage have updated their view lol
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0 sats \ 0 replies \ @nitter 13 Aug bot
https://xcancel.com/NewsFromGoogle/status/1955743865144795581
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