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Google to Enable Global Ads for Crypto Hardware Wallets by January 2025
In a recent announcement, the search engine giant Google has confirmed that it will enable global ads for crypto hardware wallets starting from January 2025. This significant development is seen as a major step forward in supporting the growing demand for secure storage solutions for cryptocurrencies and digital assets worldwide.
According to the new policy update, Google will now allow advertisers to promote hardware crypto wallets that securely store private keys for various cryptocurrencies, non-fungible tokens (NFTs), and other digital assets. It is essential for these wallet services not to offer buying, selling, or trading of these digital assets in conjunction with their ad campaigns.
In addition to this change, Google emphasized the importance of compliance with its certification standards and adherence to local laws and regulations. The update aims to ensure that all advertisers meet regional legal requirements while also adhering to Google’s own advertising policies.
For UK-based businesses, stricter rules will apply when promoting digital asset exchanges and wallet services. They must register with the Financial Conduct Authority (FCA) and comply with relevant local laws and regulations. Furthermore, Google requires UK-based companies to complete its certification process before launching any cryptocurrency-related advertising campaigns.
The decision to enable global ads for crypto hardware wallets reflects the growing need for secure storage solutions worldwide. By allowing this type of advertising on its platform, Google is demonstrating its commitment to supporting the growth and development of the global digital asset space.
It remains to be seen how this move will impact the market dynamics, but one thing is certain – it’s a significant step forward in promoting secure storage solutions for cryptocurrencies and digital assets worldwide.
Source: cryptonewsland.com
