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Reactions of major crypto platforms to Trust Wallet's reinstatement
4
Resolution / Starting Odds
Supportive • 33%
Neutral • 33%
Critical • 33%
Public statements or official announcements from major crypto platforms.
Story
Google Reinstates Trust Wallet in Play Store After Temporary Removal, Post FBI Warning
Apr 29, 2024, 11:08 AM
Google has temporarily removed the Trust Wallet app from the Play Store, just a few days after the FBI issued a warning about the risks associated with non-KYC crypto services. Trust Wallet, a leading self-custody wallet, announced that it had previously been notified by Google about the potential removal and had submitted an appeal. The app was briefly unavailable but has since been reinstated on the Play Store. This incident has raised concerns among Android users, especially in light of the FBI's recent warnings.
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Strongly positive • 25%
Mildly positive • 25%
Neutral • 25%
Negative • 25%
Supportive • 33%
Neutral • 33%
Critical • 34%
Compliance • 25%
Non-compliance • 25%
Legal challenge • 25%
Operational adjustments • 25%
Positive Reaction • 33%
Neutral Reaction • 33%
Negative Reaction • 34%
Support SEC's Decision • 25%
Oppose SEC's Decision • 25%
Neutral • 25%
No Comment • 25%
Support • 25%
Oppose • 25%
Neutral • 25%
No Comment • 25%
Increase in similar bounties • 33%
Strengthening of cooperative security measures • 33%
No significant change • 34%
Compliance • 25%
Non-compliance • 25%
Legal Challenge • 25%
Service Modification • 25%
Support Passage • 25%
Oppose Passage • 25%
Neutral • 25%
No Public Reaction • 25%
Positive • 50%
Negative • 50%
Significant increase in BTC and ETH • 25%
Increase in ETH, decrease in BTC • 25%
Decrease in ETH, increase in BTC • 25%
Significant decrease in BTC and ETH • 25%
Positive market response • 33%
Negative market response • 33%
Neutral market response • 34%