Google, Facebook Ban Cryptocurrency-Related Ads

bigstockphoto

Google has decided to follow Facebook's steps and ban cryptocurrency-related advertising. The ban will enter into effect starting June 2018, the company said today in a help page:

"In June 2018, Google will update the Financial services policy to restrict the advertisement of Contracts for Difference, rolling spot forex, and financial spread betting. In addition, ads for the following will no longer be allowed to serve Binary options and synonymous products and Cryptocurrencies and related content (including but not limited to initial coin offerings, cryptocurrency exchanges, cryptocurrency wallets, and cryptocurrency trading advice)."

However, the ban is not total. Google said that certain entities would be able to advertise a limited set of the banned services, including "cryptocurrencies and related content." These advertisers will need to apply for certification with Google.

 

[Source: Bleeping Computer]