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Wednesday, 14 March 2018

Google bans cryptocurrency ads

In a bulletin released today, Google announced that it will soon banish cryptocurrencies from its advertising platform. Also nailed are various other scamtastic financial offerings and presentations.

In June 2018, Google will update the Financial services policy to restrict the advertisement of Contracts for Difference, rolling spot forex, and financial spread betting. In addition, ads for the following will no longer be allowed to serve:

- Binary options and synonymous products
- Cryptocurrencies and related content (including but not limited to initial coin offerings, cryptocurrency exchanges, cryptocurrency wallets, and cryptocurrency trading advice)

Ads for aggregators and affiliates for the following will no longer be allowed to serve:

- Contracts for Difference
- Rolling spot forex
- Financial spread betting
- Binary options and synonymous products
- Cryptocurrencies and related content.

This is about the apperance of propriety, Google sighingly trudging toward the open crytpofraud gate. The horse bolted long ago and is now on the radio telling your grandparents to cash in their retirement savings for ethereum, or just straight-up cold calling them at home.

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