Google Play Paves the Way for Cryptocurrencies and NFTs: Change in Blockchain Policy!

Google Play has made a constructive change in its policy regarding blockchain technology, paving the way for developers to release products containing cryptocurrencies and NFT.

Google Play 12 July with a policy change made on products such as crypto money and NFT announced that applications containing However, crypto money and NFT content in applications transparent and sustainable will be expected.

Moreover tokenized assets developers who want to add to their applications blockchain-based products They will need to specify it on the Play Console.

Google Play Group Product Manager Joseph mills In his statement on the development, he made the following statements:

From reimagining traditional games with user-owned content to driving user loyalty with unique NFT rewards, we’re excited to see creative in-app experiences evolve and help developers grow their businesses.

In addition to his excitement, Mills also encouraged content producers. be transparent while warning about user trust is a priority reminded:

We require apps to be transparent to users about tokenized digital assets. If an app or game sells or earns users tokenized digital assets, developers must clearly disclose this.

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