• Sat, 25 May 2019, 09:36 AM
  • All times are UTC
  • Edition:
    International
Link copied

Google bars cryptocurrency mining apps from Play Store

A neon lamp is designed after Google's logo. Credit: mjmonty (CC BY 2.0) via Flickr

Fri, 27 Jul 2018, 05:17 am UTC

Google has banned cryptocurrency miners on the Play Store in its updated Play Store developer policy, according to Android Police.

Earlier this year, the search engine giant banned crypto mining extensions from the Chrome Web Store, including the ones that were solely focused on mining. In addition, Google updated its Financial Services Policy last month prohibiting ads relating to “Cryptocurrencies and related content (including but not limited to initial coin offerings, cryptocurrency exchanges, cryptocurrency wallets, and cryptocurrency trading advice)”.

The updated Play Store developer policy states:

“We don't allow apps that mine cryptocurrency on devices. We permit apps that remotely manage the mining of cryptocurrency.”

Last month, iPhone maker Apple also banned cryptocurrency mining on its devices. According to Apple Insider, the company updated its App Store Review Guidelines, which states, “Apps may not mine for cryptocurrencies unless the processing is performed off device (e.g. cloud-based mining).”

More recently, Google added Bitcoin (BTC), Bitcoin Cash (BCH), and Litecoin (LTC) to its online currency exchange converter. When a user searches these cryptos on Google, it automatically displays their exchange rates in the user's local currency.

<Copyright © TokenPost. All Rights Reserved. >

The commenting service is available only after having logged in.
More
  • Bitcoin (BTC) $8,023.96 (+0.81%)
  • Ethereum (ETH) $252.70 (+0.96%)
  • XRP (XRP) $0.386200 (+0.48%)
  • Bitcoin Cash (BCH) $409.40 (-0.54%)
  • Litecoin (LTC) $102.50 (+8.41%)
  • Bitcoin (BTC) $8,023.96 (+0.81%)
May 24, 2019 (Friday)
12:18
Crypto Technicals: ETH/USD retraces above 1H 200-SMA, 'Hammer' on daily charts signals further gains
10:50
German engineering giant Bosch trials Ethereum blockchain
10:39
Crypto Technicals: BTG/USD grinds higher along 21-EMA, breakout at 61.8% Fib (25.74) will accentuate gains
09:33
Bank of Russia to review proposal on gold-backed cryptocurrency
09:17
Blockchain software firm Unstoppable Domains raises $4M from Draper Associates, Boost VC
08:45
Crypto Technicals: LTC/USD bounces off 21-EMA support, next bull target $109
08:45
Robinhood Crypto is now in New York
07:27
Facebook to launch its cryptocurrency 'GlobalCoin' in Q1 2020: Report
07:25
California resident sued for alleged $26M crypto Ponzi scheme
06:33
AT&T teams up with BitPay to become the first telecom to accept cryptocurrency payments
06:16
Rep. Swalwell accepting bitcoin donations in bid for US presidency
06:10
Grayscale receives FINRA approval to open Ethereum Trust to individual investors
05:12
Indian telco Airtel selects IBM for blockchain-based pan India anti-spam call solution: Report
05:07
Binance CEO CZ seeks compensation for reputational damage from Sequoia
04:06
Overstock.com’s blockchain subsidiary signs MOU with Lusaka city to develop land governance platform
03:57
Toyota, University of Tokyo, TRENDE to start testing blockchain-based electricity trading solution
03:14
Russia's NSD to roll out security token blockchain in June
May 23, 2019 (Thursday)
12:15
Crypto Technicals: IOT/USD holds 21-EMA support, retrace till 0.3185 (200-DMA) likely on break below
12:11
Coinstar extends bitcoin buying service to 21 US states
11:38
Crypto Technicals: BTC/USD bounces off session lows with 'Hammer' formation, bias neutral
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft