Googlte prohibits crypto advertising as of June 2018!
Google gives an update on how financial products can be promoted on their search engine platform. Any advertisement for cryptocurrencies or products associated with cryptocurrencies will be banned from June 2018. With this, Google is following the path that Facebook has already taken.
Already in the past week, a ban on advertising for cryptocurrencies had hinted. This suspicion has now been confirmed. As the Director of Sustainable Advertising, Scott Spencer, announced, the ban also includes Initial Coin Offerings (ICOs), wallets and trading advice.
The news of a crypto advertising ban comes just days after crypto advertisers using Google Adwords have seen a dramatic fall in their ad views.
This means that companies can no longer place crypto-related advertising on the websites of the search engine giant or on third-party websites in their network.