Google will ban all cryptocurrency-related advertising
Google is cracking down on cryptocurrency-related advertising.
The company will no longer allow ads about cryptocurrency-related content, including initial coin offerings (ICOs), wallets, and trading advice across any of its ad platforms.
The move follows a similar ban by Facebook earlier this year.
Google plans to ban all cryptocurrency-related advertising
11:23 AM ET Wed, 14 March 2018 | 00:46
Google is cracking down on cryptocurrency-related advertising.
The company is updating its financial services-related ad policies to ban any advertising about cryptocurrency-related content, including initial coin offerings (ICOs), wallets, and trading advice, Google's director of sustainable ads, Scott Spencer, told CNBC.
That means that even companies with legitimate cryptocurrency offerings won't be allowed to serve ads through any of Google's ad products, which place advertising on its own sites as well as third-party websites.
This update will go into effect in June 2018, according to a company post.