How did the Android update in December 2018 impact the cryptocurrency market?

3 answers

• Ethan KuoJun 18, 2025 · a year ago
  The Android update in December 2018 introduced a new security feature that affected the cryptocurrency market. With this update, Google Play Store started to enforce stricter policies on cryptocurrency-related apps. As a result, many apps that were previously available on the Play Store were removed or had to make significant changes to comply with the new policies. This impacted the availability and accessibility of cryptocurrency-related apps for Android users, potentially affecting the trading and usage of cryptocurrencies.
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• Farid RzayevDec 09, 2020 · 6 years ago
  The Android update in December 2018 had a significant impact on the cryptocurrency market. One of the key changes was the introduction of a new permission requirement for apps that handle cryptocurrency transactions. This permission, called 'BIND_TRANSACTION_PROVIDER', aimed to enhance the security of cryptocurrency transactions on Android devices. However, it also meant that some existing apps had to update their code to include this permission, which could have caused temporary disruptions in the market as users had to wait for app updates or find alternative solutions.
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• Dede HambaliDec 05, 2022 · 4 years ago
  The Android update in December 2018 had implications for the cryptocurrency market, but it's important to note that it was not the sole factor influencing the market. While the update did introduce some changes related to cryptocurrency apps, the overall impact on the market was relatively minor. Other factors such as regulatory developments, market sentiment, and technological advancements had a more significant influence on the cryptocurrency market during that period. It's crucial to consider the broader context when analyzing the impact of specific updates on the market.
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