Google has banned digital currency ads across the country since June
Picture: Google Founder
We don't have a crystal ball, we don't know where cryptocurrencies are headed, but we've seen enough consumer harm or potential consumer harm,This is an area that we want to treat very carefully.
text | area of learning Edit. | Chollima.
Former Internet giant Sina blocked digital currency advertising, in the coin circle is also a boiling, as early asIn January, Facebook also banned ads for cryptocurrencies and ico, and now fGoogle, acebook's main rival, has also officially banned cryptocurrency-related advertising.
Picture: Lei Feng.com
Google officially plans to ban all ICO and encryption-related ads on its search platform in June, including digital wallets and transaction recommendations.
Google's blocking of digital currency advertising means that the world's two largest online sellers are still outside the emerging realties of digital currency, and the previous Facebook, it also means that about 62 per cent of the global online advertising market is no 3 per cent of digital currency at this stage
The move is also a blow to the digital currency industry, but as things stand, Google still has more than two months left, not completely stuck.
Scott Spencer, Google's head of sustainable advertising, said "We don't have a crystal ball, we don't know where cryptocurrencies are headed, but we've seen enough consumer harm or potential consumer harm, and that's an area we want to be very cautious about."
Picture: NetEase Technologies
As early as the beginning of the year, according to a Facebook spokesman "This new deal will not only target advertisers who try to sell cryptocurrencies, but also ban advertising in Bitcoin wallets, such as Ethereum miners."
However, Rob Leathern, Facebook's director of product management, suggested in a blog post that"Facebook may adjust its policy at some point in the future to allow legitimate cryptocurrency-related businesses to re-advertise. Now, many related companies are not "operating with integrity".
It is worth noting thatGoogle is speeding up censorship of misleading content, removing 79 million ads last year that induce users to click on malicious websites.
The company closed 7,000 accounts and closed more than 12,000 websites in 2017 because of plagiarism or misleading news content.
Blocking digital currency ads doesn't seem to have a big impact on Google's advertising revenue, which was $95.3 billion last year, up 20 percent from 2016.
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