Bill Ready, Google’s chief commercial officer, told Bloomberg that the tech giant It wants to expand the scope of its payment efforts to cover use cases facing consumers, including crypto.
Google has hired Arnold Goldberg, a former PayPal Holdings Inc. executive, to oversee its payments division and as part of a strategy to partner with a wide range of financial services, including cryptocurrencies.
The crypto efforts cited in Ready’s interview highlighted Google’s relationship with industry firms Coinbase and BitPay, both of which announced last year that their customers could connect their crypto debit cards. with the Google Pay app
“Crypto is something we have a lot of attention to,” Ready told the publication. “As the needs of users and the needs of merchants develop, We will develop with it.”
Google just updated its advertising policies for crypto exchanges and wallet providers last year. Although there are still restrictions on topics such as ICO offerings.
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