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Google to allow NFT game ads, metaverse ‘hot’ in Asia: Nifty Newsletter

Published 09/13/2023, 03:00 PM
Updated 09/13/2023, 05:40 PM
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In this week’s newsletter, read about how Google (NASDAQ:GOOGL) will start allowing games featuring nonfungible tokens (NFTs) to advertise and promote themselves using its platform and how a developer stole $1 million in assets from the Milady NFT collection. Check out how an insurance company excluded NFTs from a $20-million policy and how the metaverse is “hot” in Asian markets like Hong Kong, Korea and Japan. And don’t forget this week’s Nifty News featuring Binance ending its support for Polygon-based NFTs.

Google made an update to its crypto ad policy to enable NFT game advertisements as long as gambling or gambling services are not promoted. According to a Google announcement, the changes will come into effect on Sept. 15.

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