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LEARN MORE ABOUT Scott Spencer

Scott Spencer, Director, Product Management

July 31, 2018

Scott Spencer

For Now Search Engine Giant Google Overshadows Crypto Giant Bitcoin

..... The halt on advertisements particularly affected Coinbase and Binance. Before halting cryptocurrency-related advertisements, Scott Spencer, the director of Google’s sustainable ads, reported to NBC: Many are questioning why Google is halting advertisements and is preventing cryptocurrency mining tools from its Google Play Store. After receiving some backlash, the company released a statement: The Monday after releasing the statement, Bitcoin’s value decreased by one percent, causing its value to dip to $8,094.82. .....

July 29, 2018

Scott Spencer

Why Google is Removing All Bitcoin Mining Apps on the Play Store

..... The ban was implemented with the goal of reducing the number of scams promoted through Google’s search platform, but it also prohibited legitimate businesses , like Coinbase and Binance, from running ads. Google’s director of sustainable ads, Scott Spencer, spoke to CNBC regarding the decision, saying: “We don’t have a crystal ball to know where the future is going to go with cryptocurrencies, but we’ve seen enough consumer harm or potential for consumer harm that it’s an area that we want to approach with extreme caution.” Less than one month after banning cryptocurrency ads, Google announced that they would no longer accept Chrome extensions that mine cryptocurrency. .....