Google has changed its Play Store Policy in response to our reporting. Here's why this is a big deal for developers. Since our story yesterday, several people reached out to me about Google Play Store delisting non-custodial wallets well before the policy in question came into effect in July, asking for local licenses under what was previously known as their Blockchain-based Content Policy. One of these wallets was Electrum Wallet, who thankfully documented their ordeal with the Google Play Store publicly. It seems that as soon as a local jurisdiction codified licensing requirements for software wallets, Google wanted to see that the developers obtained said license, making no distinction between custodial and non-custodial wallets. If no license was provided, it appears that Google auto-banned flagged wallets for policy violations, leaving it up to the developers to prove that they did not need a license under local laws. In the case of Electrum Wallet, getting their wallet back into the Play Store took over 100 days. That's 100 days in which no new installs were possible, while existing users weren't able to pull updates. A big deal, seeing how some updates push critical security fixes. By fixing their newest policy to now specifically exempt non-custodial wallets, non-custodial wallet developers will no longer have to prove that they don't need a license if they are flagged, but can simply point to the fact that they are a non-custodial application, referencing Google's own policy. Never thought I'd say this, but thank you Google for fixing this, and thanks to everyone who helped raise hell to make it happen. Let this be your reminder that protesting injustices actually works, and that we should be doing a lot more of it. As a side note, I am open for apologies and do not hold grudges for dumb takes (@`Jameson Lopp`) image
Changing a Google policy wasnt exactly on todays bucket list but here we are Send money you cheap bastards View quoted note →
Whats interesting about this Google Play Store thing is that it can still be revised - same with DOJ, where their theory of „control“ in non-custodial wallets needed to be ratified by verdicts. The root of all evil in this really is the FATF that has no control mechanisms in place and is blindly followed by compliance bros around the world. Abolish FATF 💪
Wake up motherfuckers, if you thought it couldnt get any worse, it just did: Google Play Store is banning all non-custodial wallets whose developers do not have a FinCEN registration, state banking license, or MiCA license. This means that in the US, *all* non-custodial wallets on the Play Store will have to employ AML/KYC. Sounds bad? In the EU, it’s even worse: MiCA licenses are not issued to services as simple as non-custodial wallets, effectively banning non-custodial wallet developers from the Play Store in the EU. As with all dumb AML ideas, it’s of course the FATF that opened the door to this nonsense, claiming that even non-custodial/decentralized software could have some element of control over funds. The DOJ tried to enforce this quagmire with Samourai and Tornado Cash, and now we’re seeing the largest App Store in the world enforce it on its own. After regulation by prosecution, here comes regulation by monopoly Are you tired of winning yet? View quoted note →
I am very, very rarely impressed by what Gov officials have to say. Hester Pierce’s remarks on financial privacy are one of few refreshing exceptions (and probably the first time Ive seen someone working in Government coherently quote the cypherpunks without sounding like a boomer astroturf) image View quoted note →
Didnt think that ‘subscribe to our YouTube Channel’ were words that would ever come out of my mouth but here we are Full episode airing tomorrow 5pm ET View quoted note →
10k sats to the first person who replaces these lyrics with where's your bitchat
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who is buying all the bitcoin when nobody's moving any bitcoin, anon