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Federal Government Asks Google To Remove 18 More Loan Apps From Play Store


The Federal Competition and Consumer Protection Commission has asked Google to remove 18 more digital loan apps from the Google Play store.

 

The commission stated that these apps are operating on the Google Play store without regulatory approval.

 

It noted that only digital money lenders that have regulatory scrutiny and compliance evidenced by written approval from it are allowed on Playstore.

 

The commission further stated that violations may lead to permanent delisting and prohibition, as well as law enforcement action, including prosecution.

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