Google Updates policy allowing bitcoin and crypto assets trust to be advertised.

[snowpega]

source

From the 29th of January Google allowed to advertise cryptocurrency assets and Bitcoin which may help to make Crypto and bitcoin more popular and as in result adoption of cryptocurrency may increase. These kinds of news put trust in investors and they rush to invest in bitcoin as ETF also has been approved.

Cryptocurrencies and related products ....>>Here is the link where you can read the policy about the update. Must read. well before that Google never allowed advertisers to advertise  Cryptocurrency assets I think it could be a good update for the crypto space. What do you guys think about it? Must share your opinion many Thanks

[Potato Chips]

From the 29th of January Google allowed to advertise cryptocurrency assets and Bitcoin which may help to make Crypto and bitcoin more popular and as in result adoption of cryptocurrency may increase. These kinds of news put trust in investors and they rush to invest in bitcoin as ETF also has been approved.

Cryptocurrencies and related products ....>>Here is the link where you can read the policy about the update. Must read. well before that Google never allowed advertisers to advertise  Cryptocurrency assets I think it could be a good update for the crypto space. What do you guys think about it? Must share your opinion many Thanks

Hasn't google lifted the crypto ban on their ads couple of years ago? and from what it looks like, this policy update seems to be about "Cryptocurrency Coin Trust".

But I'm pretty sure whatever new policy they hand out will be bypassed by scammers lol. This is why I'm honestly not really sure how much crypto ads on google help since 90% of what I encounter are cookie cutter scams.

[Ndabagi01]

Cryptocurrencies and related products ....>>Here is the link where you can read the policy about the update. Must read. well before that Google never allowed advertisers to advertise  Cryptocurrency assets I think it could be a good update for the crypto space. What do you guys think about it? Must share your opinion many Thanks

It is about time they allowed cryptocurrency advertisements. They didn't allow it before because of the government's stance on cryptocurrency and how it could affect their business if the government decides to take action against them for allowing its advertisement. Following the SEC's approval of the spot bitcoin ETF, many big companies that previously refused to allow the use of cryptocurrency will reconsider because they will have the backing of the SEC, which has already accepted and approved the asset to be traded. Overall, this is for their own benefit because bitcoin already achieved more over the years and its penetration into the world of digital technology is already felt globally.

[btc78]

This is definitely good news for the bitcoin community

Right after SEC’s etf approval and now google allowing for advertisements, i am sure that more people are now gonna be interested in bitcoin even the general public even google is such an integral software that a lot of people use and put their trust into so them basically promoting bitcoin says a lot

I just hope that the advertisements to come out of this would share accurate and reliable information

[electronicash]

i also recently saw Stake.com was advertised on google. the images i remember was Adesanya and the ad going to Stake.com. looks like the big tech now flipped, the news about facebook doing the same was months ago so i think when all the ICO projects are coming to be advertised on these platforms to make people invest in crypto, the price of BTC and altcoins are going to be massive. it could be a bullish market for the whole 2 years.

[Zlantann]

Bitcoin has become so big in the global financial system that it can't be overlooked. With the increase in financial inflow and the attraction of reputable institutional investors, Google has no other option but to revise its policy. With the stiff competition among these investors, many of them will be willing to spend more funds on advertisement. Google knows that if they fail to revisit the former unfriendly policy, they will definitely lose a good amount of money that would have been raked in from ads.

This is definitely good news for the bitcoin community

Right after SEC’s etf approval and now google allowing for advertisements, i am sure that more people are now gonna be interested in bitcoin even the general public even google is such an integral software that a lot of people use and put their trust into so them basically promoting bitcoin says a lot

I just hope that the advertisements to come out of this would share accurate and reliable information

Certainly, it will increase Bitcoin awareness because Google has many users but I am scared that the people will be misinformed. These adverts will not give people the right information because they will direct them to invest in Bitcoin through third parties. This flexible policy could also lead to an increase in the promotion of scams or fraudulent crypto projects on Google

[Bitcoin_Arena]

Nobody cares about their update anyway. They and Facebook cause FUD some few years back by banning crypto related ads for no proper reason, yet they would still allow phishing scams and Ponzi schemes to be advertised, and now they made a U turn?
I have just one word for them, clowns! 🤡

[oktana]

This clearly seems to be because of the ETF announcement. I think that Google and some other big platforms were sceptic on how to handle Bitcoin so it doesn’t affect the reputation of the brand. But for the government to see meaning in bitcoin, who else would think it’s not worth it? I remember saying something like this before that if one country starts using Bitcoin, another will trust their judgment and join them too. In this case, it’s the ETF that brought the trust. 

[blockman]

Not that happy or I don't feel anything with that news. What they should update is they upgrade their system and have a way to determine scam links and ads that are using them to scam many people. Can't they see those reports that are being done to those links that appears whenever someone is searching for crypto related things? Many of these phishing links and scam websites are even using them to advertise on their own search engine. With that, I'd be more happy to see news like that.

[Ever-young]

This is definitely good news for the bitcoin community

Right after SEC’s etf approval and now google allowing for advertisements, i am sure that more people are now gonna be interested in bitcoin even the general public even google is such an integral software that a lot of people use and put their trust into so them basically promoting bitcoin says a lot

I just hope that the advertisements to come out of this would share accurate and reliable information

One thing about this SEC approval for bitcoin ETF was that their will be many bodies that will have to uplift any thing that has to do with crypto ban as they will want to gain any little profit they can from the trend and the exposure that bitcoin from then onward.

Another thing here about google is they are their to serve the public why obeying regulator not to go against any rules which might be part of the reason they have to adjust the policy now and make things a bit easier for their customer now that Bitcoin has been approve even to be traded by their highest stock market, but this could just be a move by google to increase their Ads revenue as many crypto project will approach them to promote there project.

[dothebeats]

Google knows what they are doing when they openly allowed cryptocurrencies and related services to be advertised on their platform. Since the floodgates of ETFs were opened just a few weeks ago, they don't want to miss on the profits that these giants may give them through buying ad spaces on their search engine. It's a no brainer for them to allow these and scrap their old policy for money. As a giant advertising service, who wouldn't want to tap on that potential profits?  

[Samlucky O]

Actually indeed it's a great welcome development to the crypto currency community at large because the ETF approval has increased the chances of more investors coming to invest into Bitcoin. Although not all investors but at least a large number of investors will adopt Bitcoin and bitcoin will be talk of the day. ETF approval of bitcoin is just like a prisoner who has just been freed from the prison. Indeed it's a welcome development.

[Julien_Olynpic]

Based on Wyckoff's theory, such events usually mark the distribution stage. The spot ETF itself has become an expression of a "sell on the news" event, and Google's permissions to advertise the cryptocurrency in January 2024 means creating liquidity for such sales. Indeed, how will Grayscale sell its bitcoins if there is no liquidity in the market? And how will there be liquidity in the market in sufficient quantities if bitcoin is not advertised to the general investor public? After halving, quite a large portion of miners should go bankrupt and this could trigger short-term panic selling. This is likely to be the next stage according to Wyckoff - market movement after distribution.

[Minor Miner]

Nobody cares about their update anyway. They and Facebook cause FUD some few years back by banning crypto related ads for no proper reason, yet they would still allow phishing scams and Ponzi schemes to be advertised, and now they made a U turn?
I have just one word for them, clowns! 🤡

Veteran investors will not be interested in this news, but newbies who have never trusted cryptocurrencies will be attracted. We should not deny that Google search is widely used on all devices today. So this will have a big impact on attracting new investors into the market. But everything has advantages and disadvantages, it will be difficult for us to avoid fraudulent projects that will also be advertised.

They are clowns or ridiculous people, whatever we call them. But what they will gain is profit and that is their main purpose because they are doing business, they are serving their own interests.

[Yamane_Keto]

Hasn't google lifted the crypto ban on their ads couple of years ago? and from what it looks like, this policy update seems to be about "Cryptocurrency Coin Trust".

I also thought so. Advertisements have been allowed since 2021. Google lifts crypto advertising ban since that time, but reading the details of that news, the permission is related to the United States.

In a long-awaited reversal of a 2018 policy decision, Google will allow crypto exchanges and wallets to advertise on its platform in the U.S. But not everyone’s happy.

https://forkast.news/google-lifts-crypto-advertising-ban/

I see Crypto ads in search results even though my IP address is not in the United States, so the ban may be lifted gradually and now globally.

[pinggoki]

Google knows what they are doing when they openly allowed cryptocurrencies and related services to be advertised on their platform. Since the floodgates of ETFs were opened just a few weeks ago, they don't want to miss on the profits that these giants may give them through buying ad spaces on their search engine. It's a no brainer for them to allow these and scrap their old policy for money. As a giant advertising service, who wouldn't want to tap on that potential profits? 

I like to think that they want to do that for a long time because they've been on the Internet for a long time and that they probably want to make more avenues of getting paid through advertisements and crypto not being allowed is a missed opportunity for them and now it's not anymore so they're probably going to make more money than ever before which is a nice thing to happen and it's a good thing for us bitcoiners because we're going to see more people getting into bitcoin.

[MFahad]

source

From the 29th of January Google allowed to advertise cryptocurrency assets and Bitcoin which may help to make Crypto and bitcoin more popular and as in result adoption of cryptocurrency may increase. These kinds of news put trust in investors and they rush to invest in bitcoin as ETF also has been approved.

Cryptocurrencies and related products ....>>Here is the link where you can read the policy about the update. Must read. well before that Google never allowed advertisers to advertise  Cryptocurrency assets I think it could be a good update for the crypto space. What do you guys think about it? Must share your opinion many Thanks

I have been seeing Crypto related google adsense ads in so many websites for a long time now. Google had lifted its restriction on crypto-related ads long time ago. this is just an update about what kind of crypto-related services are allowe to promote and what are not.
if you read further you'll understand what it says:
Here is a Peace:

Due to the complex and evolving nature of regulations related to cryptocurrencies and related products and services, we only allow them to be advertised without written permission in limited circumstances.

[Darker45]

This is good news, of course, but not a big deal. In the first place, it isn't really Bitcoin that will be advertised. It's platforms of all kinds that are trying to make money out of Bitcoin's popularity. Rather than Bitcoin itself, the ones that would buy ads are actually centralized services, many of which might not even share Bitcoin's philosophy. And worse, many of which might even just be phishing sites and other scams. Google, after all, isn't that strict in screening ads.

[adaseb]

The reason why they banned it years ago was due to too much fraud. It was mostly ICOs which were all scams. Or it was some phishing sites like a fake coinbase or Gemini website which looked like the real one. They didn’t want to deal with it, so they just banned them off.

The etfs will be fine but it’s the other products which can become scams and they might change this decision again in the future. Look at twitter.  Nothing but scam phishing ads there all day with fake airdrops just to get you to connect your Metamask and steal your funds.

[hugeblack]

Am I the only one who feels that allowing advertisements will promote fraud, since most cryptocurrency projects are high-risk investments and involve fraud, especially with Google’s policy of tracking fraudulent projects and slow closing or deleting them?