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As per the reports, it has been indicated that Google is planning to ban advertisements encouraging cryptocurrencies and ICOs (Initial Coin Offerings) commencing from June. In the recent events, Google publicized this move as a requirement of its updating policy, planning to ban other hazardous financial products. Source by: www.exporthub.co
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Google is planning to Ban Advertisements Related to Cryptocurrency
As Per Reports: • It has been indicated that Google is planning to ban advertisements encouraging cryptocurrencies and ICOs (Initial Coin Offerings) commencing from June • Google publicized this move as a requirement of its updating policy, planning to ban other hazardous financial products • Google’s new policy suggests that advertisements for affiliates and aggregators will have no authority at all to display cryptocurrencies and other content related to it
Continue: • This ban initiated by Google is a mirror move which Facebook did back in January, banning all sorts of Bitcoins and other cryptocurrencies from the social network • A representative from the Google offices suggested that the organization is taking adequate steps and it’s making considerable efforts foreseeing workarounds like these.
In 2017: • Google suggested these things in 2017 in a different blog post saying that the organization removed nearly 3.2 million advertisements breaching the policies set by them. • Scott Spencer, the director of sustainable ads at Google, said that changing the advertisement experience all over the web, be it narrowing down the intrusive or the hazardous ads will be the foremost priority of Google
Actions for banning Cryptocurrencies: • Cryptocurrencies and Bitcoin infamously volatile and governments are also taking appropriate steps for taking down these digital currencies. • China made successful attempts to remove and ban all forms of digital currencies. • India doesn’t approve Bitcoin to be the legal tender. • Korea is also planning to ban Bitcoins and cryptocurrencies from its country which is disrupting the trading and economy of the country.
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