Google Going To Ban Cryptocurrencies related advertisements like ICO announcements, Exchanges and Wallets Ads will be banned from June.
Right after the Facebook action taken in January (crackdown of cryptocurrency ads), now Google has also announced Crypto band which will come into force from June-2018 according to Google Blogspot. Scot Spencer, director of Google Sustainable Ads said that,
“we updated several policies to address ads in unregulated or speculative financial products like binary options, cryptocurrency, foreign exchange markets and contracts for difference (or CFDs)”.
Google Going To Ban Cryptocurrency Ads
Google also banning Crypto Wallet and Exchange advertisements to prevent their users from possible scams. Remember, in January Facebook has also banned crypto related ads.
This is good action taken by Google for not to promote new ICOs, but banning all crypto related ads will be exclamatory mark.
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