If you switch on Brave Rewards and switch on ads (in Rewards settings) you will receive notifications promoting ads, and BAT to reward you for viewing those ads. While the ads you see are based on interests inferred from your browsing, Brave Ads is private and anonymous.
approved: According to this excerpt, the ads wouldn't be only based on the term you searched for, but all your browsing, which could contain personal data.
Previous Title: No changes recorded
Updated Title: No changes recorded
Previous Analysis: No changes recorded
Updated Analysis: No changes recorded
Previous Status: PENDING
Updated Status: APPROVED
Updated Title: The service uses your personal data for advertising
Updated Analysis: Generated through the annotate view
Updated Status: PENDING