Google accepts Bitcoin ads again, Spanish bill about crypto-mortgages and Grayscale seeks for ETF-director
Bitcoin Exchanges Can Advertise on Google Again
Media giant Google has lifted its ban on certain crypto-related advertisements, allowing centralized cryptocurrency exchanges and digital wallets to promote their services on its platform in the U.S.
“Beginning August 3, advertisers offering Cryptocurrency Exchanges and Wallets targeting the United States may advertise those products and services when they meet the following requirements and are certified by Google,” according to the company’s “Update to Financial products and services policy.”
Source: Decrypt
Spanish bill seeks to allow property owners to pay mortgages with crypto.
Spanish lawmakers are backing to legitimize the cryptocurrency and blockchain industry by proposing a new bill on digital transformation.
The new draft bill introduced by the Spanish political party, the People’s Party (PP), aims to drive innovation in multiple industries through regulating emerging technologies such as blockchain and artificial intelligence and cryptocurrencies like Bitcoin. Financial regulators across countries are working on crypto regulations.
The draft bill proposes establishing major tax breaks and patent benefits for companies involved in Spain’s crypto and blockchain industry. The crypto bill specifically suggests that local tech innovation startups should have a 90% reduction on the cost of the national patent and registration fees in the Spanish Patent and Trademark Office.
Source: Chaintimes
Grayscale Hires New Global Head of ETFs
Grayscale has appointed David LaValle, a former executive at Alerian and S-Network Global Indexes, to help the company on its way to having a BTC ETF approved in the States.
The leading digital asset manager has enhanced its endeavors to launch a Bitcoin ETF through a new addition to the team. David LaValle has become the new Senior Managing Director and Global Head of ETFs, who will report directly to the company’s CEO — Michael Sonnenshein.
Previously, LaValle served as Chief Executive Officer of Alerian and S-Network Global Indexes — an independent index provider focused on building innovative investment strategies.
Source: CryptoPotato
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