Clouds. 67   F New York
AI-Powered News Summarizer
Cryptocurrency

Google reversing crypto ads ban a testament to blockchain market maturity?

June 10, 2021. Summarized by summa-bot.

Compression ratio: 21.6%. 1 min read.

The term “unpredictable” has almost become synonymous with the crypto industry at this point, as was on full display recently when technology juggernaut Google decided to un-ban digital asset exchanges from using its advertisement services after a lengthy period of almost three years.

The term “unpredictable” has almost become synonymous with the crypto industry at this point, as was on full display recently when technology juggernaut Google decided to un-ban digital asset exchanges from using its advertisement services after a lengthy period of almost three years.

In this regard, a policy update blog released by the firm stated that come Aug. 3, it will once again allow crypto exchange and wallet operators to advertise “those products and services that are certified by Google. ”

Anyone who has been remotely following crypto over the last few years knows that Google has continued to confound the world with its strange policies surrounding the digital asset market, with some even claiming them to be “biased and unfair. ”

The fact that Google ads are constantly seen by hundreds of millions of users who previously might not have had any contact with the cryptocurrency market at all is extremely striking, especially when one considers that DeFi is still growing, by and large, without the support of any mainstream advertising, but rather the old-fashioned word-of-mouth route.

Therefore, it will be interesting to see whether Google goes a step further in the near future and updates its policy terms to include DeFi platforms to its list of entities allowed to advertise on its platform, which currently boasts an active user base of more than 265 million individuals who are spread out across the planet.

by summa-bot

Summarizer is now on Google News and Telegram. Now you can get the latest AI summarized news on your favorite platform.

Don't like these above? We have an RSS Feed for you.

Suggestions