Cryptocurrency

Bitcoin ETF

Coin

<div class="cryptonews"> 
 <p class="is-style-lead">Google has <a rel="dofollow" title="update" href="https://thebittimes.com/tag/update.html">update</a>d its advertising <a rel="dofollow" title="policy" href="https://thebittimes.com/tag/policy.html">policy</a> regarding <a rel="dofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies and related products.</p> 
 <p>According to the company statement, as of Jan. 29, 2024, Google will allow advertising of digital asset-related investment products, including exchange-traded funds (ETFs).</p> 
 <blockquote class="wp-block-quote"> 
  <p>“In January 2024, Google will <a rel="dofollow" title="update" href="https://thebittimes.com/tag/update.html">update</a> the&nbsp;Cryptocurrencies and related products&nbsp;<a rel="dofollow" title="policy" href="https://thebittimes.com/tag/policy.html">policy</a> to clarify the scope and requirements for the advertisement of Cryptocurrency Coin Trusts.”</p> <cite>Google update</cite>
 </blockquote> 
 <p>In September, Google also allowed advertising for blockchain-based games using non-fungible tokens (NFTs). The company classified as permitted games that allow players to purchase in-game items, particularly virtual clothing for characters or weapons. At the same time, advertising of games in which players place bets, including NFTs, in exchange for the opportunity to win something that has real value, such as other tokens, remains prohibited.</p> 
 <div class="cn-block-related-link"> 
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"> <use xlink:href="#"></use> 
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Google Cloud partners with decentralized oracle 
 </div> 
 <p>At the end of October, the Google Trends analytics service recorded peak values in the number of queries for the keyword “spot bitcoin ETF” in Google’s international search, indicating maximum interest in this topic from ordinary users.</p> 
 <p>Several large institutional players have already submitted applications for Bitcoin (BTC) ETFs. The launch of these investment products is considered in the <a rel="dofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> community to be the catalyst for a new bull cycle in the market. Bloomberg Intelligence analysts previously estimated the likelihood that the SEC will approve the ETF in early January 2024 at 90%.</p> 
 <div class="cn-block-related-link"> 
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"> <use xlink:href="#"></use> 
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Analyst points to imminent signs of spot Bitcoin ETF approval 
 </div> <span class="google-news-banner__label">Follow Us on Google News</span> 
</div> 
<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/google-policy-update-greenlights-ads-for-u-s-crypto-trusts-tbt73303.html">https://thebittimes.com/google-policy-update-greenlights-ads-for-u-s-crypto-trusts-tbt73303.html</a></p>

Google policy update greenlights ads for U.S. crypto trusts

TheBitTimes

Other articles published on Dec 11, 2023

VanEck predicts record high for Bitcoin in late 2024

Major Companies Continue to Invest in Bitcoin and Altcoins Despite Price Drops

BNB Smart Chain (BSC) Experiences Transaction All Time High; Highlighting the Network’s Stability...

Bitcoin in Retreat, Will This Week’s Economic Events Send it Further Back?

Crypto Market Selloff: Here’s Why BTC, ETH, XRP Prices Fell Sharply Today

BinStarter's Timeless Renaissance Rewards Campaign: A Journey Extended, A Special Thanks to Early...

Join our free newsletter for daily crypto updates!