Google Will Remove Crypto-related Ads Starting June 2018

[matthewoz101]

Google will ban all relevant types of ads with cryptocurrency in June 2018, this is done for updates to their Financial Services policy.

I read that you can still apply and get accepted for crypto related ads? It's a great thing because I've seen so many get rich quic schemes promising people that they'll become millionaires if they learn about Bitcoin. Or other scam ICOs and Ponzi schemes that would take advantage of new people's wallets that are trying to learn about crypto.

It's a good thing overall for crypto and the crypto market.

[JCLee]

I don't care about it . I'm not a holder, I'm not a trader, I'm also not an investor so I will not be affected by this news and the crypto market won't be affected so much cause Google is not the only one that we can use to advertise anything on the internet, everyone can find out a lot of other way to advertise their ICO project or crypto without using Google

[LaLegiste]

Obviously, Google is doing it under the pressure of the regulators. But i don't like this hypocritical rhetoric of "protecting users". Wouldn't it be more useful for users protection not to allow into Google Play Store phishing apps or stealth miners?

Been there and wrecked my previous phone the time before I knew about crypto mining and stuffs. And now I have a debt to pay because it was an installment plan, sad to say it was those stealth miners fault and my ignorance too. Last year I have downloaded an app that was mining secretly and guess what where did it came from? Well from Facebook, someone send me a message and the moment I clicked it was installed and for some reason my PC get laggy, after 2 days the message was deleted saying it was a harmful element lol. The best part is it is automatically sending to every friends that I have in FB and they kept asking me what it was and I all I say it was virus and please don't click. Who among you have experience this? Oh I was just agreeing with LaLegiste in his idea of google being more observant on applications that have malware rather than banning crypto adds.

Indeed! And today personal data flow from Facebook has taken place. Both Google and FB should better concetrate on protecting us from themselves first and then think about crypto related ads imho.

[Lanatsa]

Obviously, Google is doing it under the pressure of the regulators. But i don't like this hypocritical rhetoric of "protecting users". Wouldn't it be more useful for users protection not to allow into Google Play Store phishing apps or stealth miners?

There no doubt on this matter which is actually true in my own perspective on where this kind of decisions is really under in the pressure or regulators and I don't really believe on that line where they done such decision for the sake of "protecting users" there might be some areas but generally this is really a dumb decision to be made.In short they are enforced to do such thing because theres something behind it.

[babay_ko]

If I'm not mistaken then the company of Google has already announced that it will soon ban the advertising of crypto-currencies and the initial placement of coins (ICO). In addition, the search giant will also block advertising publications and other products related to financial risks.

[zhelis74]

Obviously, Google is doing it under the pressure of the regulators. But i don't like this hypocritical rhetoric of "protecting users". Wouldn't it be more useful for users protection not to allow into Google Play Store phishing apps or stealth miners?

Been there and wrecked my previous phone the time before I knew about crypto mining and stuffs. And now I have a debt to pay because it was an installment plan, sad to say it was those stealth miners fault and my ignorance too. Last year I have downloaded an app that was mining secretly and guess what where did it came from? Well from Facebook, someone send me a message and the moment I clicked it was installed and for some reason my PC get laggy, after 2 days the message was deleted saying it was a harmful element lol. The best part is it is automatically sending to every friends that I have in FB and they kept asking me what it was and I all I say it was virus and please don't click. Who among you have experience this? Oh I was just agreeing with LaLegiste in his idea of google being more observant on applications that have malware rather than banning crypto adds.

Indeed! And today personal data flow from Facebook has taken place. Both Google and FB should better concetrate on protecting us from themselves first and then think about crypto related ads imho.

Yes, there is a great possibility that they can do that because all the control for their website is in their hands, but look if they will removed or banned crypto related ads from their site can't they think that millions of people visited their site just to seek crypto related ads or news? its their lost if they will have to that, not only google are the browser on the net and FB as will.

[LSt56]

it seems that it will make a big change in the crypto world, especially in the price issue. we know that google is very instrumental in news circulation system about crypto world. I hope this will not have a negative impact on the market as what has happened before.

[jeanpierre]

I think it's a good news, I am tired of seeing all the scam ico ads when I watch a youtube videos with my family. This may sounds bad in the short term but in the long term it will make crypto looks more legit.

[Bowtiesarecool]

Can't wait for the day when we can all invest without wondering if we're being scammed or not.
Thanks GAFA for your constant patrol and vigilance - says nobody.

[Duzter]

Google removing the cryptocurrency related ads is a big news, one among the legendary service community coming forward with such a plan affects the growth to some extent. Possibly bitcoin will overcome using the other possible ways available for the promotion purposes. Recently Facebook too made it effective, but the growth got disturbed for a while and started to recover.

[JHED1221]

I think Google team have a reason why they remove the crypto adds, if we look at the positive sides they remove crypto adds to protect the user and reduce the scam ICO's, Google team concern to us because they notice that the scam ICO' slighty increasing.

[NaXxow]

there are lots of scam, I think google has always been neutral regarding the promotion of ICOs. As what we experience from before, there are lots of people who made scam ICOs. Let us take this action as a positive moves.

[unusualfacts30]

That is just good news, google just do not want people to advertise fraud.

  Many of us have been lead to fraud websites through google. I don't think they really care about customers getting screwed. It's more of a regulation issue and other things of that nature. ahem

[topesis]

I don't know why people are over exacting the impact this will have on the space, for me it is their own miss, what I don't know is if they are going to remove the YouTube content also that promote ICOs. I think most of the projects that will be affected are the scam project promoting scam ICOs through Google as

[bratko99]

Of course, this would happen...
Tons of people got scammed from ads and stuff. This will probably be temporary to be honest.
Let's see how ti goes tho.

[okan]

Google will ban all relevant types of ads with cryptocurrency in June 2018, this is done for updates to their Financial Services policy.

i am really be happy when i see things about icos.

becaus of these shit icos everybody loses confidence and money in market.

[redwhite037]

I expect google to do that. Restrictions on the appearance of ICOs are on the rise. and most of those ICOs are phishing. If so then we are all safer. and avoid the fraudulent ICO. Focus on the big coin

[Ragnartron]

We will survive this. This was expected. They just don't want to have blood on their hands where people are being scammed.
Regulations will clear this up. And real ads won't have a problem.

[monalia]

it was necessary to be done. there were so many fake ico. I think there are forbidden to protect people. it is not needed to advertisement for good project.

You are wrongly understand the Google restriction because Facebook and Google both are depends on the USA government but USA is against in cryptocurrency so they plan to avoid the cryptocurrency advertisement because Russia is supported to cryptocurrency and it will implementing the legalisation of cryptocurrency so USA is restrict the cryptocurrency.

[CaterpillarRave]

google did the right thing. I very much agree with their ban on crytop ads. This will make the market better later. Because there will be no appearance of the ICO created for fraudulent purposes