According to the recent official announcement by Tech. giant Google, since from the month of Oct. this year Google would be permitting registered crypto exchanges to advertise on its Google Adwords platform, targeting the United States and Japanese audiences.
The announcement further added:
“Advertisers would be required to be certified with Google for the particular country within which their ads can serve. Advertisers would be able to apply for certification once the policy is launched in Oct.”
This call follows after an announcement in March that declared each crypto-related businesses as illegal from purchasing ads on the Google Adwords, as described unfair and troubling at that time.
To justify its crypto ad ban, Google aforesaid that it had been securing its customers from deceitful offerings, along with not restricted to initial coin offerings, cryptocurrency exchanges, cryptocurrency wallets, and Crypto Trading Recommendation.
Other major social platforms including Facebook and Twitter have revealed similar statements in a very wave of crypto promotion bans earlier this year.
Since then, Facebook has reversed its ad ban for pre-approved cryptocurrency companies, whereas still maintaining a ban on ICO promotions – a move like the one created by Google now.
Earlier in June, following an exclusive interview, Wikipedia’s Jimmy Wales commented on the making an attempt to regulate the blockchain and crypto industries, saying:
“You can’t ban math. So You can’t ban blockchain.”
Even Earlier in July, ‘Sergey Brin’ Google’s co-founder declared that he’s an Ethereum [ETH] miner at the Blockchain Summit held in Morocco.