Google Requires Crypto App Licenses in 15 Regions as FBI Warns of $9.9M Scam Losses

Source: The Hacker News | Added:

Google is enforcing a new policy that mandates cryptocurrency exchange and wallet developers to secure government licenses before their apps can be published in 15 specific regions. This move aims to create a safer and more compliant environment for users amidst rising concerns over cryptocurrency scams, highlighted by recent warnings from the FBI regarding significant financial losses.

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Impact: Cryptocurrency exchanges and wallets

In the Wild: Unknown

Age: Newly disclosed

Remediation: Obtain government licenses

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