Google to ban ads on cryptocurrencies, related products

Young journalists club

News ID: 20521
Publish Date: 8:56 - 14 March 2018
TEHRAN, March 14 - Alphabet Inc’s (GOOGL.O) Google said on Wednesday it will ban advertisements for cryptocurrencies and related content starting in June.

Google to ban ads on cryptocurrencies, related productsTEHRAN,Young Journalists Club (YJC) -Alphabet Inc’s (GOOGL.O) Google said on Wednesday it will ban advertisements for cryptocurrencies and related content starting in June. 

Under the new policy, the company will ban ads for unregulated or speculative financial products like binary options, cryptocurrency and financial spread betting among others. bit.ly/2Inxgg8

In a separate blog post, Google said it took down 3.2 billion ads that violated its advertising policies in 2017, nearly double the number of ads it removed in 2016.

"Improving the ads experience across the web, whether that's removing harmful ads or intrusive ads, will continue to be a top priority for us," Scott Spencer, director of sustainable ads, said. bit.ly/2IoTXQQ

In January, Facebook Inc (FB.O) said it will ban ads promoting financial products and services tied to cryptocurrencies and initial coin offerings.

Source: Reuters

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