Google Suspends Trust Wallet From Its Google Play Marketplace

Google Play has recently removed Trust Wallet, a non-custodial digital wallet for storing cryptocurrencies, from its listing. This move comes just days after the Federal Bureau of Investigation (FBI) issued a warning against using non-Know Your Customer (KYC) crypto services. Trust Wallet, which was acquired by Binance in 2018, was a popular non-custodial wallet that allowed users to store their cryptocurrencies without the need for a centralized intermediary.

The removal of Trust Wallet from Google Play is a significant development in the cryptocurrency space, as it highlights the growing scrutiny being placed on non-KYC crypto services. The FBI's warning, which was issued last week, emphasized the risks associated with using such services, including the potential for fraud and money laundering.

As a result... many cryptocurrency exchanges and wallets are now under pressure to comply with KYC regulations in order to avoid legal action.

The removal of Trust Wallet from Google Play is likely to have a significant impact on the cryptocurrency community... as it provides a ← →

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Google Play has apparently removed the non-custodial wallet Trust Wallet from its listing just a few days after the FBI warned against using non-KYC crypto services. Trust Wallet , a non-custodial digital wallet for storing crypto that was acquired by Binance in 2018, has allegedly been removed from the Google Play marketplace. When attempting to access the app's page on Google Play, users are now redirected to a blank page, indicating that the application is no longer available.