Bitcoin fell by 9 percent after the disclosure that Google, the globe’s leading ad provider, is restraining on digital currencies. Tech giant Google said in an update that its financial services strategies would curb the promotion of “cryptocurrencies and associated content” beginning in June 2018. Google alleged the related content comprises those for initial coin offerings (ICOs), digital currency wallets and exchanges.
Global Winners include Apple, BMW, Cartier, Club Med, Coca-Cola, Facebook, Google, Lego, L’Oréal, Louis Vuitton, Samsung and Starbucks
Market consolidation imminent due to high levels of fragmentation, finds Frost & Sullivan’s Digital Transformation team