Breaking: Google to Reverse Crypto Ad Ban for Exchanges Advertising in US, Japan

Published on by Cointele | Published on

Google is set to update its ad policy in October, reallowing some crypto businesses to advertise on its platform.

The company announced this in an official post Tuesday, September 25.According to the official announcement, starting in October Google will allow registered cryptocurrency exchanges to advertise on its platform, targeting the U.S. and Japanese audiences.

"Advertisers will need 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."

This decision follows an announcement in March that all crypto-related businesses will be banned from buying ads on Google Adwords, described by industry insiders as "Unfair" and "Troubling."

Earlier in June, Facebook made a similar move, reversing its ad ban for pre-approved cryptocurrency firms, while still maintaining a ban on Initial Coin Offering advertisement.

This article will be updated with further details soon.

Recent News View All
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.
x