Google to ban ad­ver­tise­ments on cryp­tocur­ren­cies

Daily Sabah (Turkey) - - Money -

AL­PHA­BET Inc’s Google said yes­ter­day 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.

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.

In Jan­uary, Face­book Inc said it will ban ads pro­mot­ing fi­nan­cial prod­ucts and ser­vices tied to cryp­tocur­ren­cies and ini­tial coin of­fer­ings. The pol­icy will be im­ple­mented across its plat­forms, in­clud­ing Face­book, Au­di­ence Net­work and In­sta­gram, the com­pany said.

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