The Morning Minute (8.14)Powered by @yeet⏰Top News:-Crypto majors soar and then retrace ahead of PPI-BTC hits new ATH of $124,500 overnight-ETH reaches $4,780 on 2nd-biggest day of ETF inflows on record-MetaMask partners with Stripe for stablecoin, may debut today-Google Play Store revises policy requiring licenses for non-custodial wallets🌎 Macro Crypto and Memes-Crypto majors rallied hard then sold off this morning ahead of PPI; BTC +1% at $120,800, ETH +1% at $4,710, XRP -2% at $3.21, SOL +1% at $203-ADA ...

Turns out the Google Play store crypto FUD was a nothing burger.Does anyone else find that being deep in crypto highlights the mediocracy in traditional journalism and media?News from Google (@NewsFromGoogle):@theragetech Thanks for flagging this. Non-custodial wallets are not in scope of Google Play’s Cryptocurrency Exchanges and Software Wallets Policy. We are updating the Help Center to make this clear. ...

Regulatory Compliance - Google Play Store policy requires cryptocurrency wallet developers in 15 jurisdictions, including the U.S and EU, to obtain licenses before publishing [1] - The policy impacts both custodial and non-custodial wallets, with requirements that most non-custodial wallets cannot meet [1] - U.S developers need FinCEN MSB registration, while EU developers require a MiCA license [1]

Core Viewpoint - A US federal court ruled that Google must allow rival app stores on its Android operating system, following an antitrust case brought by Epic Games, which could lead to the Epic Games shop operating within the Google Play Store [3][4]. Group 1: Legal Rulings and Implications - The ruling supports the original verdict that Google holds illegal monopoly power through its Android Play Store, as determined by a California jury [6]. - Epic Games' CEO Tim Sweeney declared the court's decision as a "total victory" in the appeal against Google [4]. - Google plans to continue its appeal to the US Supreme Court regarding the December 2023 verdict [4]. Group 2: Industry Reactions - Google expressed concerns that the ruling could harm user safety and limit choices, emphasizing its commitment to maintaining a secure platform [5]. - The Electronic Frontier Foundation (EFF) argued that increased competition would enhance user safety, criticizing the current monopolistic practices of tech giants [5][6]. Group 3: Background Context - Epic Games previously implemented a scheme called "Project Liberty" to bypass payment systems of both Apple and Google, avoiding commissions of up to 30% [7]. - The legal battle between Epic and Apple continues, with Fortnite recently returning to the Apple App Store after a prolonged absence due to similar disputes [8].

Core Points - Google lost its appeal against a court order to revamp its app store in an antitrust case initiated by Epic Games [1][2] - The 9th U.S. Circuit Court of Appeals upheld the trial judge's decision, which found that Google illegally stifled competition [1][2] - Epic Games filed the lawsuit in 2020, and a jury ruled in 2023 that Google's practices were anti-competitive [2] Legal Proceedings - The trial judge's order requires Google to open its app store to competitors and provide Android users with more options for downloading apps [2] - Google's appeal was based on the argument that the trial judge made legal errors and did not allow it to present its defense regarding competition with Apple's App Store [1][3]

Google Play Store Warning—Find And Delete All Apps On This List https://t.co/clY8rpvgSx ...

Security Alert - Industry warns of potentially harmful apps on Google Play Store, advising users to find and delete apps from a specific list [1]