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Submission + - Google Will Ban Cryptocurrency and ICO related Ads (

Ammalgam writes: Google is cracking down on cryptocurrency-related advertising.

The search engine giant plans to update its financial services-related ad policies and ban any advertising about cryptocurrency-related content, including initial coin offerings (ICOs), wallets, and trading advice.

This from Google’s director of sustainable ads, Scott Spencer.

“We don’t have a crystal ball to know where the future is going to go with cryptocurrencies, but we’ve seen enough consumer harm or potential for consumer harm that it’s an area that we want to approach with extreme caution,” Scott said.

Even companies with legitimate cryptocurrency offerings won’t be allowed to serve ads through any of Google’s ad products, which place advertising on its own sites as well as third-party websites.

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Google Will Ban Cryptocurrency and ICO related Ads

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