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

[Woodie]

If this turns out to be true then good news for us.

By the way Google reversing it's decision on this matter is a good sign where crypto is headed, but what made them change their minds on this

As title says,

I have tried to find and verify this news from other source, but still I am not getting anything.

I did a Google search and this seems to be over a months old news but it's terms to show ads are quite demanding, for those targeting the United States your need to know this

• Advertisers must request new Cryptocurrency Exchanges and Wallets certification with Google
• Ads for initial coin offerings (ICO), DeFi trading Not allowed
• Be duly registered with
  (a) FinCEN as a Money Services Business and with at least one state as a money transmitter; or
  (b) a federal or state chartered bank entity.

Read more here https://support.google.com/adspolicy/answer/10688110?hl=en
What Google seems not to allow is what cryptocurrency is all about so what do they expect of us...

[slaman29]

I have to agree with jackg, just keep the ban. I don't like censorship, but if you think about it, the only people paying for Google ads to use Bitcoin are crypto companies with zero interest in helping Bitcoin and 100% interest in making money. Sadly, most of this making money concept comes at the expense of users.

If people want to learn about Bitcoin, it should be from wiki, or solid educational channels. Not from clicking a Google ad.

[mrongoz_imut]

is this news valid, and can be trusted, because now many are posting that it is not, if indeed this is news that is valid and can be trusted, it is likely that bitcoin will get better, and the price of bitcoin will continue to creep up, because if google has allowed bitcoin advertising, it is certain that even Google will benefit from bitcoin..

[DapanasFruit]

I already see many crypto-related ads in some of the sites that I regularly visit and I am sure they can be coming from GoogleAds. Let's see if there will not be an avalanche of scammy smelling ads because of the lifting of this restriction or should Google be more aggressive in its vetting process so scammers can have a hard time getting their ads approved? As for legit crypto-based platforms advertising their products or services then this can be a big opportunity to spend money and get results.

[Kittygalore]

Why was it banned in the first place? I have forgotten the reason for the ban but the only thing that I can remember was that it was a stupid reason or something like that. Also, I feel like this isn't a special thing, I mean the ones that make benefits from this ads are companies that have the money to be on top of the search bar.

[Jawhead999]

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.

Bitcoin hit new ATH due to Elon musk rumor and playing around with his meme,it mean many people is believing a rumor so bad.

It's good if Google didn't ban Bitcoin again, but some problem of Bitcoin doubler, ponzi and pyramid scheme will be more bigger than current condition.

[jakdanyel]

To be honest, banning Bitcoin ads didn't help too much. Because I was still hearing about some people who were still having problems with the same frauds. So this means that banning these ads is not a permanent solution to this. Some other things should be thought of. Otherwise, we won't be able to prevent these scammers using ads to draw people's attention.

[ChrisPop]

Found an article on Business Insider India. Not 100% if it is a legit source but Business Insider is a reputable news outlet. These are the leads:

"Google is allowing crypto companies to advertise on its network again starting today, August 3.
The largest ad network in the world had banned crypto ads in March, earlier this year.
The new policy is only open to crypto wallets based out of the US and registered with the FinCEN."

[Shenzou]

Google banning the ads to begin with was due to many scammers and dodgy sites that are using bitcoin as a way to steal people's money, and setting a bad example and a negative idea about bitcoin and crypto in general, and by banning these kind of ads even though not all of them are so, we have seen less and less scams involving bitcoin, and i am afraid that with them lifting it we might see them come back even though it was not the best solution for it.

[JillianTaft]

This is good news.. I thought they had done this a few months ago... but I think this is general crypto advertising, not just Bitcoin. Hope to see legal and interesting things instead of scam advertisements. If it is for decent real products and companies, the ads on the website will not be so bad.

[Robinson66]

  ;Dthis is really a good news, there may be other software will have a Bitcoin advertisement.
If this will attract some people to join the encrypted monetary market, but pay attention to vigilance. However, the market will have a potential fluctuation because more people join.
I don't know if this ban will be withdrawn. If the content is true, the price of Bitcoin will rise.

[Kong Hey Pakboy]

This is good news.. I thought they had done this a few months ago... but I think this is general crypto advertising, not just Bitcoin. Hope to see legal and interesting things instead of scam advertisements. If it is for decent real products and companies, the ads on the website will not be so bad.

Scams in the cryptospace is going to be flourishing again this time, I think that the ban was a really good thing because it reduced the chances of scam websites being on top of the search results. I don't know why it's a good thing, maybe if we regulate and completely eliminate the possibility of scams getting at the top of the search bar, then there's a possibility that it's going to be considered a good thing.

[fiulpro]

Honestly I feel like this is not even that bad, If google chooses to allow bitcoins and their advertising then they would have to take different steps to make sure all of that is not only safe, legal but also legit.
This is not a decision that can be made instantly, they do need to have enough time to plan everything and in general. I found a link tho : https://www.google.com/amp/s/www.businessinsider.in/cryptocurrency/news/google-is-allowing-crypto-ads-again/amp_articleshow/85033865.cms
They are keeping out a lot of companies. It started from August 3. They will only allow the wallets which are based in US and registered in FinCEN. Therefore this is not a really big deal, but will pave a way for the future of crypto advertising. This can also be used as a way to see how that works out.

[BOAEDAN]

Google no longer prohibits bitcoin advertising, maybe because Google has realized that bitcoin is now very popular, so they no longer want to waste the opportunity to increase their income, the point is that bitcoin can provide extraordinary benefits to anyone who accepts bitcoin by hand. open..

[aysg76]

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.

The crypto companies that want to advertise on Google have to go through the regulation FinCen which is Financial Crime Enforcement Network and have certification for the same.This is only for US companies at this time and are stating this month as they have put ban on all such crypto related ads back in 2018 but now they have implemented changes in their policy.

That said, ads for Initial Coin Offerings (ICOs) remain banned on Google Ads. In addition, Decentralised Finance (DeFi) trading protocols, and ads that are “otherwise promoting” the sale, purchase, or trade of cryptocurrencies or related products are also banned.

Google allow crypto ads now

This is good step and we can see global crypto exposure to many users as for most of the internet users google chrome is default browser and when they will see ads on it they can have some belief that cryptocurrencies are new mode of investment.Hope it works in best possible manner.

[Oasisman]

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

Well, Google ban everything related to the hype of ICO in 2018 because it was being abused by the scammers.
I just stumbled upon a social media post today that Google lifted the ban from crypto related ads but the ICO related ads remained ban.
As bloomberg article says
https://www.bloomberg.com/news/articles/2021-06-02/google-will-let-crypto-wallets-run-ads-ico-ads-to-remain-banned
Google will allow crypto wallets run their ads.

[Westinhome]

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.

On the time bitcoin has in ATH many projects on that day has no intention to be succeed and it become a scam in the end. Ill think many people complain about that happen and also that was the reason of why google ban ads of cryptocurrency. Actually more scammers growing on when the crypto has become popular in any social media apps.

And I dont think so if these will be a good news or bad to be back bitcoin in a google ads. Well let see what happen in a future about this news showed up.

[sapnu]

As to what has been predicted before, bitcoin will experience temporary ban towards some huge companies but later on, things will get back to how it was before like nothing ever happened. Now it has happened, google are no longer banning ads that involves bitcoin and Tesla has been rumored to accept bitcoin as a mode of payment once again. It could be one of the sign that a bull run is about to take place once again so we should hold on to our investments more and keep on believing that it will regain its value or exceed it far more than it has before.

[slaman29]

Google no longer prohibits bitcoin advertising, maybe because Google has realized that bitcoin is now very popular, so they no longer want to waste the opportunity to increase their income, the point is that bitcoin can provide extraordinary benefits to anyone who accepts bitcoin by hand. open..

They've always known it was popular, the problem was their staff and algo for Google Ads probably didn't at the time know how to differentiate between scams.

I bet they've just been training more people to recognize the scams and so now feel they are ready to do another round this time filtering out the ponzis and hyips.

[syedakhlaque]

Google ads for Bitcoin are not bad. Every business in the world needs publicity,advertisement to project it. So ads on Google about bitcoin are good. Because Google is a big source of publicity today.
The publicity and advertisement will increase the value and worth of Bitcoin. That will be helpful to introduce bitcoin to the people. In this way, awareness about Bitcoin will increase. The joining of people in the bitcoin business will improve its worth and credibility. Good action will be taken in the world to regulate cryptocurrency and an acceptable legal framework will design to legalize it in the world.