Ecash mints are custodial. They are like banks that give you bank notes that allow you to redeem your money from the bank in the future.

Wait why is cashu targeted by this if it's not self-custodial?

nichro

Most likely this was a trial balloon to test public response. If we hadn't raised hell immediately good chance it would go through.

As it is, this is extremely bad anyway: it'll still ban lots of useful wallets, including cashu wallets, LN wallets that use tech like cash to build up enough of a balance to open a channel, etc. etc. Even Zeus won't be allowed: they recently added cashu support.

Politics_And_Law

Google Play Store Bans Wallets That Don't Have Banking License

k00b

Most likely this was a trial balloon to test public response. If we hadn't raised hell immediately good chance it would go through.

As it is, this is extremely bad anyway: it'll still ban lots of useful wallets, including cashu wallets, LN wallets that use tech like cash to build up enough of a balance to open a channel, etc. etc. Even Zeus won't be allowed: they recently added cashu support.