The cryptocurrency storage service endorsed by Binance, Trust Wallet, was reinstated on the Google Play Store after a brief removal on April 29. The removal led to a 5% drop in the value of Trust Wallet's token, TWT, as users grappled with the unexpected suspension by Google, with no prior public notification. Market watchers speculated that the action might be linked to a recent FBI advisory cautioning against platforms lacking stringent KYC procedures.
In the midst of rampant speculation on social platforms, a representative from Trust Wallet addressed the situation via an email response to inquiries from crypto.news. The spokesperson stated that the issue pertained to adherence to Google's policies, and confirmed that the FBI's advisory had not directly influenced Google's initial decision to remove the app. Despite efforts to
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First found on: Crypto news from Coinatory
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