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Author Topic: Google has lifted its ban on crypto advertisements  (Read 859 times)
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June 13, 2021, 03:40:18 PM
 #61

It is a good thing to be done by imposing a policy that will limit only those registered exchanges and wallets related to crypto to release their advertisements to also take into control of the rising cases of frauds and scams that have been scattering on different search engines and websites. By this, it will somehow be rest assured that the users will be having a safe place to get into but still it will be a personal responsibility to be aware not to do engagement from strange pop up ads and floating advertisements to avoid getting caught into hack and scam schemes. A good point for Google on that part.

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June 13, 2021, 03:43:00 PM
 #62

It was just a matter of time and they now understand that staying out of cryptocurrency is not the best option for them too in terms of Business. Whilst many other platforms may have been generating profits from allowing crypto ads, Google has finally realized that and going back on its stands. This is what happens when people/institutions don't think things through before taking action because some didn't accept it before.
It is a good move in the right direction for both.  
Some ads were not legit or prone to scams, though its not google fault if they are scammy projects. We are still the one responsible whether to invest or believe on those ads. We need to carefully understand how the market works before we believe and put our money in it.
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June 13, 2021, 03:48:51 PM
 #63

If they limit advertising on listed exchanges that would be a very good thing.  And don't use random services related to cryptocurrencies.  In this regard, it is better if Google avoids it.  Due to day by day the sharp increase in crypto hacking, fraud and any malicious activities related to crypto.
 The goal of limiting advertising on Google is to avoid the destruction of the crypto world that is available today.  So be careful with this, don't be provoked by fraud in the crypto world.
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June 13, 2021, 07:08:10 PM
 #64

Google recently updated their policies regarding Google Ads and will now allow ads related to cryptocurrency exchanges and wallets provided they have registered with FinCEN. This change is set to take effect in August 2021. As you may recall, the ban was imposed in March 2018 and lasted almost three years.

This easing of crypto advertising restrictions is a positive sign. Google appears to be warming up to bitcoin and cryptocurrency in general as many governments, financial institutions and private companies are increasingly liberalizing their crypto policies these days. What do you think?
This year has been a good year for Bitcoin. I like the direction we are heading to, a lot of institutions are starting to recognize Bitcoin and have accepted it. Some of them have even gone as far investing their cash asset in it which is really good. And we all know that has been part of the reason why we reached a high price this year.

We look forward to better years ahead as the recognition for Bitcoin has been high, and more people will start becoming part of this community as time goes on, which is very good. I am looking forward to when there are going to be lots of companies accepting it as a payment method on their websites.
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June 13, 2021, 07:24:46 PM
 #65

Google recently updated their policies regarding Google Ads and will now allow ads related to cryptocurrency exchanges and wallets provided they have registered with FinCEN. This change is set to take effect in August 2021. As you may recall, the ban was imposed in March 2018 and lasted almost three years.

This easing of crypto advertising restrictions is a positive sign. Google appears to be warming up to bitcoin and cryptocurrency in general as many governments, financial institutions and private companies are increasingly liberalizing their crypto policies these days. What do you think?


For sure a lot of scam advertisement will be all over the play again for sure, I mean that just the reason why google banned the cryptocurrency advertisement because of so many scam ads on, but most of the time for google is it just all about money, and a lot of cheating tools, applications are also advertised by google so it is not surprising at all.

I mean google could at least limit these scams if they are going to verify all of the cryptocurrency advertisements, they might not be able to filter all of the scam's advertisements but they could at least limit it because it is a big deal for the community.

Remember back in the day where most cryptocurrency advertisements are scams, that is why people are thinking that all cryptocurrency is scams even bitcoin, etc. completely destroying what the peoples perspective about crypto.
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June 13, 2021, 08:58:39 PM
 #66

Good work to those at Google, I appreciate not only the lifting of the ban but, the process they made before and crypto-currency advert can be made, this would make the Body meant to regulate, exchanges and wallet and more things crypto-currency, more recognized and task with duties.
But for Newbies, not because Google allowed the advert this makes it not scam, it still could be, but I think vfor present and future exchange and wallet creator this avenue would help them sell-off what there off through the medium of Goodle advert.
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June 13, 2021, 09:38:59 PM
 #67

Google recently updated their policies regarding Google Ads and will now allow ads related to cryptocurrency exchanges and wallets provided they have registered with FinCEN. This change is set to take effect in August 2021. As you may recall, the ban was imposed in March 2018 and lasted almost three years.

This easing of crypto advertising restrictions is a positive sign. Google appears to be warming up to bitcoin and cryptocurrency in general as many governments, financial institutions and private companies are increasingly liberalizing their crypto policies these days. What do you think?
This year has been a good year for Bitcoin. I like the direction we are heading to, a lot of institutions are starting to recognize Bitcoin and have accepted it. Some of them have even gone as far investing their cash asset in it which is really good. And we all know that has been part of the reason why we reached a high price this year.

We look forward to better years ahead as the recognition for Bitcoin has been high, and more people will start becoming part of this community as time goes on, which is very good. I am looking forward to when there are going to be lots of companies accepting it as a payment method on their websites.
Things are definitely in a good shape right now and even if the market is in a bloodbath, there are lot othef good things to celebrate for concerning crypto.

Add to it is the positive news about google lifting its ban on crypto and i think google has made it even better right now. They are not just concern with the money they will be making but more for the welfare of the google users. And it's good to limit those search for those registered crypto exchanges so a much more transparency will be observe. Scamming will always be there but the chances to make it happen is now becoming rare.
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June 13, 2021, 09:49:26 PM
 #68

[snip]
I mean google could at least limit these scams if they are going to verify all of the cryptocurrency advertisements, they might not be able to filter all of the scam's advertisements but they could at least limit it because it is a big deal for the community.
Well, though the news is good this is the possible negative impact of this news, there could be countless victims if Google won't fix their ads and putting restrictions regarding filtering any ads that contain malicious and fraud links. If they will care for their customer they will most likely fix this problem but so far, I did not see any improvement on that. However, this will always bring to people's awareness and spread the word of bitcoin to possible investors and understand how blockchain network will work and how useful it is.









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June 13, 2021, 09:52:28 PM
 #69

Seeing as how important and topical bitcoin and crypto advertisements are nowadays, it wouldn't make sense for google to continue its ban since they will be losing hefty revenue from potential advertisers and customers. That being said this lift will cause more scammers to come in and take advantage of poor people's moneys so it's our job as enthusiast to prepare ourselves
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June 13, 2021, 11:51:50 PM
 #70

Google can rea,y take the chance to grow up again because if Bitcoin. Maybe, there is always some information that will be well promoted on Google. Moreover, there are some features that can be sued to promote some coins or tokens both old and new tokens around the world. I am sure that the crypto promotions will really influence by marketed by Google,
So, this is a good starting
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June 14, 2021, 12:17:34 AM
 #71

For me it will be good news only if they are going to let crypto faucets make use of google adsense again. Otherwise I really don't see any benefit or not on it, because I block all the ads if they don't pay me for viewing them.
Anyway the best would be to not feed a giant globalist company like google. Advertisers could use their competitors' platforms which are much cheaper and crypto friendly since always.

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June 14, 2021, 01:03:27 AM
 #72

Seeing as how important and topical bitcoin and crypto advertisements are nowadays, it wouldn't make sense for google to continue its ban since they will be losing hefty revenue from potential advertisers and customers. That being said this lift will cause more scammers to come in and take advantage of poor people's moneys so it's our job as enthusiast to prepare ourselves

Scammers would always hop into anything that has a potential to ease their activities so I will not be that surprised to see them do the same with good ads now that Google allows it on their platform. But I believe that by now, people in crypto should be well informed now abi the various ways a scammer can try to scam them. Google announcements is good news though. It means exchanges can advertise and bring more users in. More volume, liquidity and cash inflow into crypto just in time for next ride to all time high.

What Google did by lifting the ban on crypto ads is news we should all welcome. Because this should be good news that can make the crypto
world develop even better. But negative effects are also bound to occur, such as scammers will return to action again. But as you said scammers
will always be around, so don't worry too much about it. Especially now that the crypto community has been educating everywhere about crypto,
I believe the percentage of the number of victims of scam in the crypto world should decrease.

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June 14, 2021, 01:16:18 AM
 #73

Quote
Google recently updated their policies regarding Google Ads and will now allow ads related to cryptocurrency exchanges and wallets provided they have registered with FinCEN.
I think it was an overreaction to ban the ads in the first place, sure there will be a lot of scammers but there can be scammers with not crypto ads also.  Maybe with crypto ads a 'warning' as like a warning that might appear on a pack of cigarettes, a special 'beware of crypto scams' warning.  The FinCEN thing is the 'rider' on there anyway so in most cases it will have minor impact, I think anyone should be able to advertise unless they are know scammers (just like in non crypto). 
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June 16, 2021, 03:24:35 PM
 #74

Basically they are allowing crypto ads again because they now have a way to filter out the ads and differentiate the harmful ones and the safe ones. Though am I the only one who think that there's no crypto ad ban imposed before because I've seen crypto ads even before this announcement? but it seems the crypto projects or company that are registered with FinCEN gonna be very few, after all many projects aren't available for the US citizen therefore they don't need to get registered with FinCEN

This is probably the first step on the implementation of their new filters, right now they want to take the safest path but I am sure they are going to keep improving those filters until they can once again accept everyone that wants to advertise with their platform as that will increase their revenue, does this means we are going to see a lot of scams in the future? I think that is a given but people need to be smarter than that, after all if they fall for that then they would have fell victims of other scammers.
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June 16, 2021, 03:27:32 PM
 #75

After they do that we can see that there are so many scams advertise using their platform so best for everybody not to engage ourselves easily since we might get scam to those people who think and vouch that their platform is good and will pay you off once you decide to invest.

Hopefully google will fo a serious scanning on which website is the best to advice or to recommend peoole in good times.

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ampu
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June 16, 2021, 03:58:34 PM
 #76

Lifting the ban is something they had to do a long time ago because the profit from crypto advertising is not small. I noticed many projects are still marketed on other platforms. Careful moderation is all it takes to prevent scams.
The positive effect of removing ads is that money will flow into the crypto market. That's good for crypto lovers.

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June 16, 2021, 05:02:18 PM
 #77

The reason behind google banning crypto advertisement is the cheer amount of negative feedback about many of the sites that turns out to be a huge scam, and with the ban the rate at which these sites operates have gotten lower but i am sure they will soon comeback into operation if the ban is lifted and google treats it the same it did last time, so hopefully this time they have a better solution to counter this issue rather than blaming it all on the crypto.
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June 18, 2021, 02:44:46 PM
 #78

Lifting the ban is something they had to do a long time ago because the profit from crypto advertising is not small. I noticed many projects are still marketed on other platforms. Careful moderation is all it takes to prevent scams.
The positive effect of removing ads is that money will flow into the crypto market. That's good for crypto lovers.
It's never too late for Google because they also know like you said, that the ads made in crypto are quite high and by giving the freedom that Google makes is the goal is none other, so that they can enjoy the advertising as well.

it's not even possible that there could be large project owners who directly use Google for advertising their projects, compared to them having to involve a lot of bounty hunters who also don't have a small amount of funds to prepare.
but if this happens, it's a pity that the bounty hunter portion will be eroded, but hopefully it doesn't happen.

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June 18, 2021, 03:29:55 PM
 #79

Quote
Google recently updated their policies regarding Google Ads and will now allow ads related to cryptocurrency exchanges and wallets provided they have registered with FinCEN.
I think it was an overreaction to ban the ads in the first place, sure there will be a lot of scammers but there can be scammers with not crypto ads also.  Maybe with crypto ads a 'warning' as like a warning that might appear on a pack of cigarettes, a special 'beware of crypto scams' warning.  The FinCEN thing is the 'rider' on there anyway so in most cases it will have minor impact, I think anyone should be able to advertise unless they are know scammers (just like in non crypto). 

In the first place crypto was not generally accepted by all with the high risk involved. Frauds  and scams are easily achieved in crypto especially if one has no good comprehension about it interface and how it works. We all know that a lots of persons had been scammed due to their ignorance and lack of proper information.
So Google is doing it best to ensure that the rate of scam this recent time is limited.

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June 18, 2021, 10:35:09 PM
 #80

I do remember that google did impose bans on crypto advertisement. Facebook followed the same thing too few days later. But didn't they lift the ban after a year or so? I am almost sure I have seen crypto advertisements on google ad sense. And what if the company is outside the US? They can't register with FinCEN. How are they going to advertise then? But yeah. Good move by google. It looks like more companies are starting to recognize crypto industry as a legit industry.

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