Google Backtracks: Reinstates Non-Custodial Crypto Wallets After Community Uproar

Big Tech folds under crypto pressure—again.

Google just flipped its stance on non-custodial wallets faster than a DeFi exploit drains liquidity pools. The reversal comes after fierce backlash from the crypto community, proving even Silicon Valley giants can’t ignore Web3’s gravitational pull.

No more wallet purgatory.

Users can now breathe easier knowing self-custody options won’t vanish into Google’s policy abyss. The move signals a rare win for decentralization—or at least a tactical retreat by a corp that still thinks 'blockchain' is a spreadsheet feature.

Bonus jab: Meanwhile, Wall Street still can’t decide if crypto is a scam or their next revenue stream.

Reversal shows industry influence

The move by Google to withdraw non-custodial wallets due to the licensing requirement is a result of increasing opposition among legal experts, cryptocurrency advocacy organizations, and industry leaders.

Justin Slaughter, the regulatory affairs vice president of Paradigm, had condemned the move as being too limiting, particularly as Google battles antitrust litigation. He termed it “surprising” that the company would enforce these rules at this time, labeling them as “draconian limitations” to developers of non-custodial wallets.

Surprising move here by Google, especially amid their antitrust litigation, to suddenly place draconian restrictions on persons making non-custodial wallets available on the App Store.

As we see with BCRA in CLARITY/SBC Draft, pure coding should not require a federal license. https://t.co/ZbFk2DK18s

Slaughter cited pending congressional proposals that declare that “pure coding should not require a federal license,” implying that the policy may be incompatible with the prospective congressional guide.

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