You are probably already aware of the fact that YouYube hit the crypto industry really hard.
According to more complaints from people in the crypto community, YouTube has been removing a massive number of crypto videos without issuing any warning.
Dozens of videos from the biggest BTC and blockchain creators have been removed, hurting important influencers.
Google suspended MetaMask
Now, Google makes a similar move and suspends MetaMask, which is a crypto wallet and a mobile browser that is backed by Ethereum incubator ConsenSys.
The Google Play App Store is no longer listing MetaMask’s Android client according to the latest reports coming from the online publication the Daily Hodl.
This allowed users to manage their crypto and browse the Ethereum blockchain from a standsrd browser, run Ethereum Dapps and make ETH transactions.
It’s also worth noting that back in 2018 it became the most popular Ethereum wallet all over the world when it hit a milestone of 1.3 million downloads.
Google claimed that MetaMask violated the financial services policies which expressly prohibit crypto mining on mobile devices.
MetaMask made sure to clarify that the company’s technology does not do crypto mining, but it seems that this was pointless.
“The appeal rejection cited the same policy: No mining on Android. We don’t.”
The appeal rejection cited the same policy: No mining on @Android. We don't. It's unclear whether the reviewer doesn't understand the policy, or whether they are enforcing an unwritten policy. Either way, it's time to #ProtectWeb3.
— MetaMask (@metamask_io) December 26, 2019
Apps promoting financial products or services have to follow strict regulations
Google’s financial services policy stated the following, as cited by the online publication the Daily Hodl:
“We don’t allow apps that expose users to deceptive or harmful financial products and services.”
They continued and wrote that “For the purposes of this policy, we consider financial products and services to be those related to the management or investment of money and cryptocurrencies, including personalized advice.”
According to official notes, if an app includes or promotes financial products or services, there are some regulations that have to be followed for any region/country that the app is targeting.