Google has revised its Google Play policy for cryptocurrency exchange and wallet apps, creating a separate application process for providers that are legally exempt from licensing or registration requirements. Developers must explain the basis for an exemption and provide supporting documents. The update also broadens recognized qualifications in some overseas markets, including Hong Kong’s Virtual Asset Trading Platform license from the Securities and Futures Commission and authorization from the United Arab Emirates’ Capital Markets Authority. South Korean operators must still file as Virtual Asset Service Providers with the Financial Intelligence Unit. The change is not blanket approval for unlicensed apps; country-specific regulatory requirements remain in force.