Trust Wallet, a non-custodial digital wallet acquired by Binance in 2018, has reportedly been removed from the Google Play marketplace. Users trying to access the app are now redirected to a blank page, indicating its unavailability.

The reason for the removal remains unclear, with no public statements from Trust Wallet or Google Play. Following the news, Trust Wallet’s native token TWT experienced a 5% drop in value, according to CoinGecko.

Established in 2017 by Viktor Radchenko, Trust Wallet offers non-custodial storage services for cryptocurrencies across different blockchain networks. It was later acquired by Binance in 2018, although the financial details of the deal were not disclosed.

The removal comes shortly after the FBI advised Americans against using crypto services from companies not registered as Money Services Businesses (MSBs) and not following anti-money laundering rules. It is unclear whether Google’s decision to remove Trust Wallet is related to this warning, as other non-custodial wallets are still available on Google Play.

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