Today at Crypto, Google Play reveals new rules for wallets but exempt the non -guardian portfolio; Standard Charted is expected that ETHER ETHER will reach $ 7,500 in 2025 in ETF, Rustury Demand, Stablecoin growth, network upgrades; American banking groups are pressing the closure of a “gap” genius.
Google Play sets new licensing rules on the coding wallet developers
Google Play will It requires Chebetry provider in more than 15 and a murder, including the United States and the European Union, To obtain licenses and compliance with “industry standards” under an updated policy. The review does not affect the non -guardian.
According to To the Google Play policy notification, the changes are valid on October 29. The developers in the United States will need to register with local organizers, either as a money service company or the money transmission device, while those in the European Union must register as the CASP asset service provider.
In the United States, companies registered with the Fincen Inclusion Network must meet the companies of money. Incurred Implementing a written program to combat money laundering. This can lead to a broader adoption to examine your customers and other measures.
Google to treat Fears regarding the impact of policy on X explain after the reverse reaction from the encryption community, saying: “The non -wallet conservative is not within the scope of the encrypted currency in Google Play and the policy of software portfolios. We are updating the auxiliary center to clarify this.”
The ether climbs towards its highest new levels, as the standard UPS goal was to $ 7,500
Standard Charterd Ether price for 2025 was raised To $ 7,500, up from a previous goal of $ 4000, citing an increase in institutional purchasing and the adoption of the accelerator from Stablecoins after the recent American organizational changes.
The bank said in a joint report with CointelegraphEthTreasury companies and funds circulating (ETFS) has received 3.8 % of all ETH in the blood circulation since early June, which is nearly twice the rate of bitcoin accumulation by similar entities during the 2024 American Election Commission.
Standard Chartard wrote: “A lot has changed since the last update of ETH expectations in March,” Standard Chartard wrote. He added: “The first strong positive sign was to share the important industry from Ethereum and Etherialize, two organizations behind the ethereum ecological system.”
The British Bank also referred to Vitalik Buterin’s plans Increase ETHEREUM 1 productivity By 10x, enable more high -value transactions for the onchain settlement with the mandate of smaller transport operations to Layer-2 networks Like expression and rule.
Standard Chartered The passage of the genius law In July as another major incentive. The legislation provides a clear framework for Stablecoins, which paves the way for the prevailing adoption. The bank indicated that Stablecoins represents 40 % of all Blockchain fees, with more than half of them on ETHEREUM.
American bank groups want to close Act Stablecoin background “gap”
On Tuesday, American banking groups, led by the BPI, urged Congress to close what they claimed It would have indirectly allowing a loophole for Stablecoin to pay returns Stablecoins through subsidiary companies.
They said that the new Stablecoin laws under the Genius Law prevent Stablecoin exporters from providing the return to the distinguished symbol campaign, but do not explicitly prohibit the exchange of encryption or subsidiaries from doing so, allowing exporters to avoid the law by providing returns through these partners.
The groups said that the failure to close the so -called vulnerability can disrupt the credit flow of American companies and families, which may lead to 6.6 trillion dollars in external flows to deposit from the traditional banking system.
It seems that banking groups are concerned that the organization’s Stablecoins can undermine the ability of banks to attract deposits using high interest savings products in order to support the loans they provide.
Providing the return is one of the largest marketing withdrawals that Stablecoin exporters must attract users. Some stablecoins, such as USDC (USDCCircle is offered, and the reward of those who hold it for coding such as Kraken and Coinbase.
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