Google is spelling out rules for blockchain-based apps on Android

Illustration: The Verge

Google is introducing a new blockchain-based content policy for Android apps on the Google Play Store. The new policy, which will be effective on December 7th, covers things like cryptocurrency exchanges and software wallets, transparency requirements, and rules for NFT gamification that would cover things like loot boxes.

According to the new policy for tokenized digital assets secured on a blockchain:

  • Crypto exchanges and software wallets must comply with applicable regulations in the regions they target, and the “purchase, holding, or exchange of cryptocurrencies should be conducted through certified services in regulated jurisdictions.” Google says it may request additional information from developers to prove their compliance with…

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