According to the recent official announcement by Tech. giant Google, since from the month of Oct. this yearGooglewould bepermittingregistered crypto exchanges to advertise on its Google Adwords platform, targeting the United States and Japanese audiences.
The announcement further added:
“Advertiserswould be required tobe certified with Google forthe particularcountrywithin whichtheir adscanserve. Advertiserswould be able toapply for certification once the policy is launched inOct.”
Thiscallfollowsafter anannouncement in Marchthat declared eachcrypto-related businessesas illegalfrompurchasingads on the Google Adwords, as described unfair and troubling at that time.
To justify its crypto ad ban, Googleaforesaidthatit had beensecuringits customers fromdeceitfulofferings,along withnotrestrictedto initial coin offerings, cryptocurrency exchanges, cryptocurrency wallets, and CryptoTradingRecommendation.
Other major social platforms includingFacebook and Twitter haverevealedsimilar statementsin a verywave of cryptopromotionbans earlier this year.
Since then, Facebook has reversed its ad ban for pre-approved cryptocurrencycompanies,whereasstill maintaining a ban on ICOpromotions– a movelikethe onecreatedby Google now.
Earlier inJune,following anexclusive interview, Wikipedia’s Jimmy Wales commented on themaking an attemptto regulatethe blockchain and crypto industries, saying:
“You can’t banmath. So You can’t ban blockchain.”
Even Earlier in July, ‘Sergey Brin’ Google’s co-founder declaredthathe’sanEthereum [ETH]minerat the Blockchain Summit held in Morocco.