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A non-custodial wallet ban issued by Google, dubbed “Operation Chokepoint 3.0,” spooked the crypto community before the search engine giant corrected itself. The Rage initially reported that Google’s new Play Store policy required software developers of non-custodial wallets to have a license with FinCEN or MiCA regulations. This would force anti-money laundering and know-your-customer checks onto non-custodial wallet users.   Understandably, this caused uproar among crypto proponents, who described it as an attack on the industry, which stifled the freedoms of non-custodial wallet developers .  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. — News from Google (@NewsFromGoogle) August 13, 2025 Read more: Google’s quantum computer could break Bitcoin in two ways Twitter creator Jack Dorsey dubbed Google’s ban ...

In what could be a major step toward the actualization of the legislation, US Senator Josh Hawley of Missouri has officially reintroduced the PELOSI Act to ban Congress from stock trading. Indeed, the act had been introduced in 2023, although it failed to make notable headway under the previous Biden administration. US President Donald Trump had previously confirmed he would sign such legislation banning congressional stock trading. The Preventing Elected Leaders from Owning Securities and Investments Act bears the name of Nancy Pelosi. Indeed, she is one of the strongest examples of elected officials amassing wealth through the US stock market. JUST IN: Senator Josh Hawley reintroduces "Pelosi Act" bill to ban Congress from trading stocks. pic.twitter.com/txABvuno1W — Watcher.Guru (@WatcherGuru) April 28, 2025 Also Read: US Congressman Calls to Ban Congress From Stock Trading US Senator Josh Hawley Brings Back the PELOSI Act to Ban Stock Trading by Lawmakers For the last se...