Google unban Bitcoin
One of the most significant news from the U.S. search giant Google. According to CNBC Google is ending its useless war with cryptocurrencies, however, not for all not everywhere.
In the announcement, they highlighted on their plans to allow regulated crypto exchanges to buy ads in the United States and Japan. This new policy starts in October.
🚫 The previous ban on crypto, wallets and trading advice is still not allowed, following the first restriction announced in March and rolled out in June, which was intended because of the nonregulated market.
This action indicates that Google now believes that regulators around the world are making real progress against the crypto criminals, especially in Japan and the US. Also, the move was widely put down to regulators’ progress in reining in the “wild west” industry, as well as moves by some of the world’s biggest banks and financial services companies to adopt and integrate bitcoin and cryptocurrencies into their products.
🏷️ Effects of such actions:
- Growing BTC price
- Other countries will catch up with the crypto regulations as well.
- People and companies will start to follow the pattern of leaders like google
In the result, cryptocurrency will be integrated much faster than we’ve previously thought.
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