Google is preparing for Spot Bitcoin ETF - page 3.

avikz

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Quote from: Fiatless on December 12, 2023, 11:02:13 AM

In anticipation of the approval of Bitcoin ETF, Google is adjusting its guidelines for crypto-related products. Before now Google had been very strict on crypto-related advertising on the platform because of concerns for fraud and misleading promotion. However, it seems they are gradually adjusting these policies to reflect the increased mainstream or institutional adoption of Bitcoin.

From January 2024 Google will allow adverts on financial products that allow investors to trade shares in trusts holding large pools of digital currency known as "Cryptocurrency Coin Trusts". With this change in policy crypto coin trusts could run ads on Google provided they register with the SEC. This subtle adjustment of ads policy is an indication that they are preparing for Spot Bitcoin ETF.

This is called embracing change. Every corporate repositions their stand from time to time. Google is no exception and the executives of Google very well understand the gravity of repositioning. Does the reason why Google is still the disputed leader of the internet ecosystem.

Also if blackrock gets the approval to run a bitcoin ETF, Google would want to capture the advertisements that these fund managers are going to run. That is why they are revamping their policy. That's fine!

Manny@11111

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This will be a welcome development but it needed to be said that google are not afraid of scam related crypto promotions but its acceptability by policy regulated conservatives across decision making Countries but like any product making waves, google have no option than to tilt toward it's breakthrough.

A welcome ideal and many others will follow suit.

cabron

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They didn't announce the change of the terms though so it's just like they slipped those rules into the policy. They secretly did it. When they banned ICO advertising in 2017, they announced it like they had the purpose to destroy crypto.

Nonetheless, this is a good change of their policy but are the ICOs going to come back again to promote the newly launched projects? I would hope so. The second wave of the 2017 altcoin season must be coming and indeed this is really a great opportunity both both old and new projects in crypto.

What about Facebook?

goldkingcoiner

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Quote from: Fiatless on December 12, 2023, 11:02:13 AM

In anticipation of the approval of Bitcoin ETF, Google is adjusting its guidelines for crypto-related products. Before now Google had been very strict on crypto-related advertising on the platform because of concerns for fraud and misleading promotion. However, it seems they are gradually adjusting these policies to reflect the increased mainstream or institutional adoption of Bitcoin.

From January 2024 Google will allow adverts on financial products that allow investors to trade shares in trusts holding large pools of digital currency known as "Cryptocurrency Coin Trusts". With this change in policy crypto coin trusts could run ads on Google provided they register with the SEC. This subtle adjustment of ads policy is an indication that they are preparing for Spot Bitcoin ETF.

Just more signs that the ETF approval is coming soon. I mean, if giants like google are starting to taking actions to secure their place in the Bitcoin ETF realm without fear that they might stumble upon regulations and be forced to pay heavy monetary fines for not following them, then that is a clear sign of something about to change. It is always the rich and powerful who get the news first from their other rich and powerful friends.

Doan9269

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Quote from: Fiatless on December 12, 2023, 11:02:13 AM

In anticipation of the approval of Bitcoin ETF, Google is adjusting its guidelines for crypto-related products. Before now Google had been very strict on crypto-related advertising on the platform because of concerns for fraud and misleading promotion. However, it seems they are gradually adjusting these policies to reflect the increased mainstream or institutional adoption of Bitcoin.

We can remain neutral about some certain conditions untill we found ourselves involved in them before we take steos or decisions on our stand forbthem, seing that there's going to be massive increase on the cryptocurrencies coming next year, alot of people were seeing this opportunities already for making money out of them, this is part of what is leading to the increases in numbers of bitcoin spot ETF applications, the market is certain to pump and some were already planning towards being a partakers of such through spot ETF, next year is going to be a boom on the bitcoin market.

CODE200

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Probably the reason why they're going to do that is because they're planning to get into something big in the cryptocurrency industry so they try and make the sneaky approach by letting the crypto projects get into their advertising and then at the same time make sure and when the time comes, the project that they're in is going to be getting all of the ad space or maybe even the projects that they've invested in will have more ad space than the competition. That's the only thing that I can think of as to why they're gradually going towards this path with the nearing of the approval of the spot ETF.

kryptqnick

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It's good to see positive changes in this regard, and I'm also happy that they aren't just lifting all restrictions because there are enough scammers out there. I wonder if crypto trust ads are truly related to ETF approval anticipation, though. Even if that's the case, what happens if there's no approval before the start for the new policy, and if there are some approvals, are ETFs the only ones eligible? It says crypto trusts, so is Grayscale Bitcoin Trust eligible, regardless of ETF approvals, for example? If the answer is yes, is BlackRock eligible without an ETF? The statement by Google is vague enough to beg many similar questions.

AprilioMP

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Google is a big company, if they continue to persist with the old attitude towards Bitcoin, then in my opinion they are not worthy of being a big company because the progress of the crypto industry will continue to develop.
Not only that, Google's change in attitude towards crypto-related ads subtly shows that the negative fears associated with Bitcoin are not fundamental.

Bitcoin spot ETFs are desired by many large companies such as BlackRock and other large companies because there are benefits behind their application. Google is only now revising its advertising rules and considering a Bitcoin spot ETF.
Bitcoin continues to rise.

Other sources about Google revising advertising rules: bitcoinmagazine

Tuclikk

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Quote from: Fiatless on December 12, 2023, 11:02:13 AM

In anticipation of the approval of Bitcoin ETF, Google is adjusting its guidelines for crypto-related products. Before now Google had been very strict on crypto-related advertising on the platform because of concerns for fraud and misleading promotion. However, it seems they are gradually adjusting these policies to reflect the increased mainstream or institutional adoption of Bitcoin.

From January 2024 Google will allow adverts on financial products that allow investors to trade shares in trusts holding large pools of digital currency known as "Cryptocurrency Coin Trusts". With this change in policy crypto coin trusts could run ads on Google provided they register with the SEC. This subtle adjustment of ads policy is an indication that they are preparing for Spot Bitcoin ETF.

That's will be an achievement of the bitcoin and also for the Google itself. The Spot Bitcoin ETF exposure will be very useful because the Google will gain an access of guiding people through the system. By the help of the Advertisement so many people around the nation will also like to no more about it who have not yet known anything about Bitcoin, they will engage themselves to the digital currency.
By the way Google has to be very strict by it new policy that will be invented for it security purpose to avoid fraud.
Thank you

dzungmobile

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Quote from: Fiatless on December 12, 2023, 11:02:13 AM

In anticipation of the approval of Bitcoin ETF, Google is adjusting its guidelines for crypto-related products. Before now Google had been very strict on crypto-related advertising on the platform because of concerns for fraud and misleading promotion. However, it seems they are gradually adjusting these policies to reflect the increased mainstream or institutional adoption of Bitcoin.

Google is like commercial banks, they are not against Bitcoin or cryptocurrencies. They wait for opportunities with more regulations, clearer guides from governments and authorities to step in but don't get big risk for their business.

Similarly audit companies will join cryptocurrency market when chances come and risk becomes smaller for their business.

Google are not fearful of Bitcoin or cryptocurrencies because of scam or fraud as Google accepted many advertisements from bad business. They even are not good with their policies on customer data and more.

Generally traditional businesses are waiting for a right time to join the potential Bitcoin and cryptocurrency market and they want to see a big trigger that seems to be Bitcoin Spot ETF in USA.

Fiatless

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In anticipation of the approval of Bitcoin ETF, Google is adjusting its guidelines for crypto-related products. Before now Google had been very strict on crypto-related advertising on the platform because of concerns for fraud and misleading promotion. However, it seems they are gradually adjusting these policies to reflect the increased mainstream or institutional adoption of Bitcoin.

From January 2024 Google will allow adverts on financial products that allow investors to trade shares in trusts holding large pools of digital currency known as "Cryptocurrency Coin Trusts". With this change in policy crypto coin trusts could run ads on Google provided they register with the SEC. This subtle adjustment of ads policy is an indication that they are preparing for Spot Bitcoin ETF.

Topic: Google is preparing for Spot Bitcoin ETF - page 3. (Read 420 times)