As of today, Google ads for Bitcoin are no longer banned.

[The Cryptovator]

As title says,

I have tried to find and verify this news from other source, but still I am not getting anything. Do you guys know about this tweet and news? Found this tweet from Documenting Bitcoin 📄.

Tweet link: https://mobile.twitter.com/DocumentingBTC/status/1422588737008115712

[jackg]

I think it's probably for the best that they keep it banned to be honest. Especially at the time it is now, if we are nearing the end of the bull market. I have seen a lot of dodgy ads on duckduckgo still and I have a feeling those might just move across (although, that's probably the reason they might be thinking of bringing it back if a rival can compete with them on something then they'll probably be trying to quash it to keep up competition).

(June 3rd is the article I can find): It might've been something they were trying to silently pass though: https://beincrypto.com/google-allow-crypto-exchange-wallet-advertisements/

[Slow death]

I think the twitter must be misinterpreting what google said would go into effect on august 3rd:

Beginning August 3, advertisers offering Cryptocurrency Exchanges and Wallets targeting the United States may advertise those products and services when they meet the following requirements and are certified by Google.

Source: https://support.google.com/adspolicy/answer/10688110?hl=en

honestly i don't understand google, they let hyip site scammers do whatever they want for years and have never done anything to stop hyip site scammers from doing no harm, but google has gone to great lengths to ban bitcoin

[DeathAngel]

It can only be bullish if they’re allowing exchanges & reputable companies to advertise again. Hopefully it brings lots more average joes into bitcoin because we need retail to flow in to restart this bull market.

[sunsilk]

I've tried to type bitcoin in google to see if there will be some top banner ads and search result ads but there's none that existed after typing that keyword.

But if this is true, there will be more scammers that's going to take advantage of it and hopefully that they've got a better filtering this time as they allowed it again.

[examplens]

I am not sure about this ban, I think he never used it 100%. I've seen Google ads many times that promote crypto, what’s worse, there were some very suspicious projects on those ads.
I'm kind of convinced it's just money. although there is a ban if someone pays enough, it can be allowed.
there is more and more money in the crypto, google won't let that money just go away, without trying to take part.

[Trojane]

The ban has been lifted and was given the 3rd of August 2021 for reconsideration only on one condition ..only the ones that have their wallets and exchange registered with FINANCIAL CRIMES ENFORCEMENT NETWORK (fincen) will be authorised formally by google..
Encrypted but decoded😎
Follow these link below
https://www.cnbc.com/2018/09/25/google-reverses-ban-on-cryptocurrency-exchange-advertising-in-us-japan.html

[Quidat]

I am not sure about this ban, I think he never used it 100%. I've seen Google ads many times that promote crypto, what’s worse, there were some very suspicious projects on those ads.
I'm kind of convinced it's just money. although there is a ban if someone pays enough, it can be allowed.
there is more and more money in the crypto, google won't let that money just go away, without trying to take part.

Seconded on this one because i could still see those odds related with crypto which i can say that "is there really a ban?". Its true that Google wont really just let things to be on waste
specially they could really make money out of those and this is business and its likely they would really be letting those ads even its pure scam.
For now this is a good news if ever this is true. Adoption aint stopping now but at least they should really be that serious on moderating scam and possible frauds.

[BitMaxz]

And Google has not tweeted anything about this ad being discussed. could it be secretly and when we visit a site or some kind of article it will display Bitcoin ads?
Because if google makes a tweet about bitcoin ads are no longer blocked, of course, it will have an impact on prices that should have bounced back today.

No, you shouldn't use tweeter for this news if you want updates related to their ads you should always check their announcement. Like this announcement below
- https://support.google.com/adspolicy/answer/10688110?hl=en

Because of this announcement, it won't be easy for those who try to advertise on Google to make ads for crypto unless if they are verified and registered on FinCEN.

About the price impact, this news is already posted by some users here and already spread on the news and blogs. It was announced last June.

As you can see on the chart the price of bitcoin reaches the 40k level from 30k yesterday so it might be one of the reasons why the price increased to 40k yesterday.

[sheenshane]

It's confirmed by @Slow death above and I also read that article but at least they didn't include the ICO projects, trading signals, or any affiliate that incentives those who paid the ads.  Good to see it was now lifted and in this case, Bitcoin and other cryptocurrencies will be common in Google and become well known to everyone who used Google.

But how about Google filtering their ads that contain a malicious link, they can't even do to fix this and give security to their users.

[MusaMohamed]

The market is harmed by those news and changes in policies from both governments, big companies but they change their policies. Up and down, ban and ban lift.

I've never worried about these bans because I know they will lift unreasonable bans later. Governments need tax, ban lift together with more regulations help them. Companies need income, ban lift help them.

Together, we will see more bans and ban lifts with the growth of law regulations and bigger adoption on Bitcoin and crypto.

[Sweetbtc]

Yeah this us very great news for bitcoin lovers and now we can expects here a good movement of bitcoin to touch  all time high. These banned really affect bitcoin price. Here many positive news can bring Btc to 60k+.

[Darker45]

I've also read this tweet just a while ago but I cannot confirm whether this tweet is based on reliable information or just rumor. Documenting Bitcoin itself did not cite the source. Neither did it even expound more on it. It could have referred to Google's lifting of the ban on cryptocurrency exchanges and wallet advertisements, which happened a couple of months ago.

Anyway, not a big deal to me. Google ads is full of phishing sites and scams. Not only do they allow them, they are also slow in removing them following reports.

[yazher]

It can only be bullish if they’re allowing exchanges & reputable companies to advertise again. Hopefully it brings lots more average joes into bitcoin because we need retail to flow in to restart this bull market.

Maybe this one is just for the start and the next thing will be a big one since they already give bitcoin some green light here, they won't take it back as soon as they removed their ban on ads. took them years to do so but at least right now we can expect that more ads are coming but we also need to consider that scammers will also take advantage of this current lifting that's why we need to make sure about the site we are about to enter and their offer might temp us to invest in their scam so be careful guys.

[rhomelmabini]

Visited the actual site of Google and haven't found that right image above. Looks like a shill but to be honest it's a good one. This kind of things do matter but hoping google will be true to what they states.

I think it's just a rumor. I can't find any evidence to verify it's real. This isn't big news. Bitcoin can't hit ATH with unconfirmed rumors like this.

It's just a rumor but Google's decision change everytime maybe they saw something bullish coming ahead again and they allowed it.

[davis196]

That's great,but what do they mean by "Google Ads for Bitcoin"?
Is Bitcoin a company or a product to be advertised?
I assume that they mean companies that work in the cryptocurrency industry and use Bitcoin.
It would be great if all the shitcoin/token scams are still banned from using Google Ads.
Some shady crypto exchanges are using Bitcoin,but they are also heavily promoting shitcoins and tokens.
Are they allowed to advertise on Google Ads?

[pooya87]

Were they ever banned?
As I remember Google (alongside a lot of other services) banned advertisement of scams including the ICO and all the alternative names for token scams, cloud mining scams, malwares disguised as wallets, pump and dump groups, ... Any legitimate business could still advertise.

[Kakmakr]

The reason why they "banned" Crypto currency advertising was because they received so many complaints about ICO scams that happened during the ICO Boom period. That ban and followed by others on large Social media platforms, effectively stopped those scams from destroying the Crypto currency scene.

I have read that "screening" will be done on Crypto based applicants that wants to advertise on Google and they will only allow reputable and well known companies (KYC applicants) to advertise on their platforms. 

[MusaMohamed]

Were they ever banned?
As I remember Google (alongside a lot of other services) banned advertisement of scams including the ICO and all the alternative names for token scams, cloud mining scams, malwares disguised as wallets, pump and dump groups, ... Any legitimate business could still advertise.

Same like China. They only banned ICO to make barriers on scammers. They want to restrict access of scammers to investors.

I buy Bitcoin and hold it so I don't care about bans from companies. Because they can not get my Bitcoin. Will ban from Google can damage institutional investment trend? Will people believe in CBDCs more than in Bitcoin?

CBDCs borrows idea and technology from Bitcoin & altcoins to help governments minting their money more easily and save production cost. The cost will be smaller than printing fiats in factories. They will be able to more easily trace flows of CBDCs through ledger. It will be easier than with banks.

[romero121]

Google ads are getting circulated very commonly. Earlier the ban of ads by Google was a big speculative thing in the past. It made a big impact over the market of cryptocurrencies on the whole. During those days more and more number of fake projects reached the market and thats the major reason why Google made immediate action on cryptocurrency ads ban. Now the firms registered on FINCEN only were allowed on Google ads which is a good move.