First Facebook, now Google? Users using Google Adwords to promote crypto related businesses are seeing huge drops in clicks and impressions. Some users are even saying that their ads are getting suspended and some are saying accounts are being suspended or even worse terminated.
Quote from the article:
User anas b wrote that her Blockchain technology development company’s account was terminated due to “misrepresentation” with no chance of reinstatement:
“I have analyzed the website that is www.blockobi.com completely and I couldn't find any reason that is violating google policies. Our business is "blockchain technology development" and we provide services in UAE. Please suggest what I have to do in this regard as Google team is not telling exact issue/concern of suspension of our account.”
With that being said, this is not official but there was a unnamed source that did say Google is considering an official ban on anything crypto related ads this March.
Full Article Here: Banning Crypto Ads
In my opinion this is BS but at the same time ok. The ICO game kinda screwed themselves by all the scams, Release an ICO and then disappear. But at the same time for all the ICO's that are faithful and true, now have no chance to advertise their platform. All these stupid bans are going to kick them in the ass in the long term, the same with banks. Crypto is the way of the future and the sooner they implement it the better it will be!
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Happy Monday