Google is putting a stop to crypto currency advertising and confining it to all risky financial products. The new policy will be effective from June.
Google has announced that it will ban advertisements that promote crypto currency and Initial Coin Offering (Ico) advertisements from June. The new policies will also contain other risky financial products.
Google aligns itself with what Facebook decided last January but Bloomberg has reconstructed that the crypto-evaluation announcements had exceeded the limit imposed by Zuckerberg's social media through intentional spelling errors such as, for example, replacing the "or" with a zero in the word "bitcoin". A Google spokesman responded to Bloomberg that, in order not to fall into the same trap, alternative solutions are under consideration, without specifying their nature.
Scott Spencer, Director of Sustainable Ads, wrote that Mountain View has removed more than 3.2 billion advertisements in violation of its policies. Improving the experience of web ads, removing malicious ones will continue to be a priority for us," he says in a 2017 post.
So, governments are blocking digital tokens. India does not consider bitcoin legal, China has put a brake on Ico and South Korea is considering a bill to ban the negotiation of encryption.