Google to Ban Cryptocurrency Ads Globally

IconCrypto News Terminal22 Apr, 2024

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Google to Ban Cryptocurrency Ads Globally

Google has announced that it will ban all cryptocurrency ads globally starting from June. This move comes as part of its broader effort to crack down on misleading and harmful content on its platform. Google has said that the ban will apply to all ads that promote cryptocurrency exchanges, wallets, and initial coin offerings (ICOs). The company has also said that it will be taking a stricter approach to enforcing its existing policies against misleading and deceptive ads. This ban is a significant blow to the cryptocurrency industry, which has relied heavily on Google Ads to reach new customers. However, it is also a sign that Google is taking a more proactive approach to regulating its platform and protecting its users. Previously on 20 April 2024, Google announced that it would be banning all ads for binary options and CFDs.

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