![]() The updated policy also imposes specific restrictions on applications that incorporate Non-Fungible Tokens (NFTs). ![]() In addition, buying, selling, and trading of blockchain assets must be conducted through regulated exchanges, in line with local regulations in any areas in which the app is available. Google’s updated policy also forbids developers from promoting or “glamorizing” potential earnings directly linked to these assets. Developers are required to openly declare whenever their applications enable users to purchase or earn crypto and blockchain assets. Though the new policy will supposedly increase opportunities for blockchain app developers, it is also made up of strict requirements. Google Play also said that it worked closely with its partners to create the new policy. That announcement said that the updated policy would “open new ways to transact blockchain-based digital content within apps and games.” The post specifically suggested that apps in the store will make use of user-owned content and NFT rewards. In a significant move, Google Play announced on July 12 that it has expanded its Android app store rules to accommodate new blockchain content, although under fairly strict rules.
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