Google Updated the Advertising Rules: Cryptocurrency Is Now Allowed

google unbanned crypto ads

Fortunately for all the “inhabitants” of the crypto world, Google decided to cancel its ban on advertising, updating its policy on financial products and services, but it’s not as simple as it seems.

At for the beginning of October, only approved companies from the US and Japan can buy advertising on Google. All the others must apply to Google for a certificate, providing all information about their activities in the form of licenses, permits, etc. According to the representative of Google, the certificate for the advertising approval will be separate for each country. Applications can be submitted starting from the October of 2018.

For many, this news did not become a huge surprise, as previously Google allowed ads of Coinbase, following Facebook’s example. We want to remind you why the main social networks are banning cryptocurrency advertising.

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Google’s AI Stated Bitcoin Is “A Collapsed Economic Bubble”

If you still do not understand what is happening with the cryptocurrency market, in particular with the prices of all digital coins, Google’s AI gave a kind of interesting answer. By entering the search request “Bitcoin”, you may see the following card which defined Bitcoin as “a collapsed economic bubble”.


Source: Finance Magnates

In a couple of hours the definition was edited, claiming: “Bitcoin is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user-to-user on the peer-to-peer bitcoin network without the need for intermediaries.”

The algorithm which aggregates the information displays the useful cards in the sidebar automatically. However, such a sentence clearly shows that the company’s AI system considers the bitcoin market as an economic bubble.

The CEO of Google Sundar Pichai explained that Google’s AI looks at every keyword based on “things like relevance, freshness, popularity and how other people are using it”.

Looking from this point of view, it means that the real reason why such a card displayed is that people downgraded Bitcoin and lost any hope in it.

We remind you

The Main Myths Connected with Bitcoin: A Pyramid, A Bubble or A Valuable Asset?

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LinkedIn Names “Blockchain Developer” the Top Emerging Job of 2018

LinkedIn, a social network for finding business contacts and job opportunities, has published its annual Economic Graph, where it listed top-5 emerging jobs that develop at the quickest pace among the others. It did not come as a surprise for many people that the top-1 emerging job was “blockchain developer”.

The profession of a blockchain specialist has experienced a growth by 33% during 2018. In comparison, the job that occupied the 2nd place, a machine learning engineer, grew by 12%. The rest of the top-5 are: application sales executive, machine learning specialist and professional medical representative.

The cities with the highest demand for blockchain specialists are New York, San Francisco and Atlanta, and the top industries involving such workers are IT and computer software. The salaries absolutely correspond to the popularity of the profession.

We remind you:

Facebook Is Once Again Looking for Blockchain Specialists

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Germany’s Stuttgart Exchange Group Will Open Up a Crypto Exchange with No Commission Fees

The second largest stock exchange in Germany Stuttgart Exchange Group is partnering up with SolarisBank to create a zero-fee cryptocurrency exchange. The first plans of this project emerged back in May of 2018, however, right now the two parties have actually started to work on implementing it into life.

SolarisBank’s blockchain factory helps us to take the trade in cryptocurrencies and tokens to a new level and set standards in transparency and reliability,” Alexander Höptner, the CEO of Stuttgart Exchange Group, commented on the cooperation.

The new exchange claims to have zero commission fees. It will offer trading opportunities for Bitcoin and Ethereum, as well as the protection for up to 100 thousand Euro.

We remind you:

The Authorities of South Korea Licensed the First Crypto Exchange in the Country

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A Major Exchange in UAE Is Going to Cooperate with Ripple

According to the report of the news media Reuters, a large payment company located in the United Arab Emirates, UAE Exchange, is going to collaborate with Ripple Labs and work on the cross-border payments all over Asia. The Asian market occupies a huge share of the world’s annual remittance (around 613 billion), thus, this niche is highly demanded.

The CEO of the Exchange Promoth Manghat is sure that the payment network of Ripple based on the blockchain technology will become a breakthrough on the Asian market, however, the company will proceed slowly going “fully mainstream”.

We expect to go live with Ripple by Q1, 2019 with one or two Asian banks. This is for remittances to start with, from across the globe into Asia,” he said.

We would like to remind you that Ripple Labs has recently been partnering up with multiple major businesses regarding its cross-border payment system.

South Korea Launches Remittance App Using Ripple’s Blockchain Technology For The First Time

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Cryptocurrency Prices Today, December 14: Cryptocurrencies Are in the Red Zone Again

crypto prices

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: Cryptocurrency prices

According to the online platform Coingecko, Bitcoin (BTC) lost 3.4% over the past 24 hours. The price at the time of writing is $3298 per coin.

Cryptocurrencies moved to the red zone:

Bitcoin Cash lost 11.17% over the past 24 hours and costs $82 per coin;

Ripple fell by 1.89% and is $0.29 in price;

EOS minus 4.67%, and its cost is $1.88;

Litecoin decreased by 2.35%, and its price is $23;

Cardano lost 4.17%, and its value is $0.028;

Stellar dropped by 6.46% and costs $0.10;

IOTA minus 4.53%, and its cost is $0.24;

Dash lost 4.67%, and its price is $61;

Monero became cheaper by 1.61% and costs $42.

Over the past 24 hours, Ethereum lost 3.95% and continues to decline. The coin exchange rate is $85, according to Coin 360.

The total market capitalization fell to $104 billion. Bitcoin accounts for 55% of the total volume. In monetary terms, this is $57 billion.

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Hyperledger Will Add 16 New Members

The major blockchain project Hyperledger, the technologies and instruments of which are incorporated in multiple other startups all over the world, announced its future cooperation with 16 giant companies.

The list of new members includes:

  • Citi
  • Deutsche Telekom
  • Alibaba
  • etc.

The growing Hyperledger community reflects the increasing importance of open source efforts to build enterprise blockchain technologies across industries and markets,” said the CEO of Hyperledger, Brian Behlendorf.

In this way, blockchain will be promoted in the major businesses of the world, which undoubtedly means its growing popularity in almost every sphere of human activity.

We remind you:

Visa Partners with IBM to Implement Cross-Border Blockchain Payments of Hyperledger Fabric Framework

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