Forget The Ban: Google to Make an Exclusion for Crypto Ads in Japan, US

Forget The Ban: Google to Make an Exclusion for Crypto Ads in Japan, US

Half a year ago the technological titan Google shook the crypto-world up by announcing its ban on crypto-related ads. The same year other giants like Facebook, Twitter and Snap also crashed down on such ads, especially on controversial ICOs. 

But the sun is coming up for the cyber-money enthusiasts as Google has promised to soften its sweeping anti-crypto-ads regulation. 

Our top trading bots

New Google Policy to Make Life Of Crypto Enthusiasts Easier

Google has published an update to its Financial products and services policy, saying it is reversing its crypto-ads ban for regulated crypto trading venues. The updated Google policy can be related to all advertisers, but exchanges will get a right to run their ads on Google in the US and Japan only.

The novel policy will start in October. But Google warned that to perform, advertisers will have «to be certified with Google for the specific country in which their ads will serve. Advertisers will be able to apply for certification once the policy launches in October.»

Still Dark Times For ICOs and Others

Google restrictions (after the March announcement) were imposed in June and their aim was to secure users from crypto-speculation and fraud. With the heyday of cyber-money trading, the scamming also flourished as many Ponzi schemes were hiding its nature under ICOs. 

Thus, one of the most influential tech companies decided to bar its users from unpleasant experience, banning ads related to ICOs, crypto-wallets, trading advice and others, which will remain restricted even after the policy update next month.

By partially reversing its crypto-ad ban, Google is following the lead of Facebook, which lifted its ban in June. In particular, Facebook allowed to run ads on crypto-assets but still remained strict regarding ICOs.

3 reasons why a Bitcoin ETF approval will be a game changer for BTC price
Some financial experts believe that the price of cryptocurrencies is solely driven by investors' speculation, and in the past few years detractors have...
Ethereum traders expect volatility ahead of Friday’s $820M options expiry
Ether (ETH) will face a critical $820 million monthly options expiry on Friday, Aug. 27. That will be the first time that $3,000 and higher options will...
1inch announces deployment to Optimism's layer-2 solution
Decentralized exchange aggregator 1inch has announced its deployment on the Optimistic Ethereum, or OE, mainnet, highlighting a considerable reduction in...
Biconomy’s Hyphen enables low-cost transfers between Ethereum and Polychain
Multichain infrastructure network Biconomy has formally launched its Hyphen mainnet, setting the stage for instant low-cost token transfers across blockchains...
Massive government spending accelerating crypto adoption: Sen. Cynthia Lummis
Republican Senator and Bitcoin proponent Cynthia Lummis said that massive government spending is accelerating crypto adoption. Lummis made the comments...
Karura launches decentralized exchange on Polkadot and Kusama
Karura, the Kusama implementation of the Acala protocol, has launched its decentralized exchange (DEX) platform, Karura Swap.According to the announcement...
Mexico may not be following El Salvador's example on Bitcoin... yet
Authorities behind financial regulation in Mexico have warned against financial institutions handling cryptocurrencies, saying digital assets are still...
Germany commemorates Euro 2020 soccer team with NFTs
The German Football Association (DFB) has officially announced the debut of national soccer team nonfungbile tokens (NFTs) in partnership with a major blockchain-based...
The future of digital asset liquidity: Centralized or decentralized?
Last month, Bitcoin (BTC) reached above $60,000, highlighting the current frenzy around digital currencies. Following BTC, altcoins also saw substantial...
Tether’s reserves are fully backed, according to latest assurance opinion
Moore Cayman, a Cayman Islands-based accounting network, has again affirmed that Tether Holdings Limited’s USDT stablecoin tokens are fully backed by its...
Coinbase delisting averted as German stock exchange resumes trading
The scheduled delisting of Coinbase shares from the German Deutsche Boerse stock exchange appears to have been averted. The platform announced on Wednesday...
Balancer (BAL) price soars to new all-time high: What's driving the rally?
BAL, the native cryptocurrency of Balancer — a popular automated market maker (AMM) utilized by many decentralized finance (DeFi) users to trade cryptocurrencies...
Bitcoin Is An Asset: VC Investor Proves Buffett Wrong
Last week the Oracle of Omaha and the third wealthiest person on the planet with net worth $84 billion Warren Buffett set himself straight concerning...
Binance to Launch a Decentralized Crypto Exchange, Based on Blockchain
The crypto market is going to get enriched by another cyber money trading venue, and this time – based in the blockchain. The news has been announced...
Qiwi Founder Invested $17 Million In Telegram ICO
Qiwi founder Sergei Solonin invested in ICO Telegram $17 million; he told journalists on the sidelines of the Russian Investment Forum in Sochi.Previously,...