Today we are talking about the ban in Cryptocurrency advertisement.yes but why?google ban cryptocurrency ads in June 2018 now guys today we know the reason behind this activity.
The reason behind the cryptocurrency related ads?
This news comes as Google discharges its yearly “trust and security” promotions report.google said it record more than 3.2 billion ads in 2017 that disturb google policies and which is double the 1.7 billion it eliminated from the year before this the main reason of Google ban cryptocurrency related ads as well google approach follow for Facebook to same policies for banning the cryptocurrency ads .while cryptocurrency boom as created a lots of motivation and security and it is still biggest uncontrollable as well as it has countless profile scams
Google parent organization Alphabet makes around 84 percent of its aggregate income from publicizing, so persuading sponsors that its environment is protected and compelling is fundamentally vital.
This the main reason of banning the ads?
This decision say by Scott Spencer, the Director of Sustainable Ad
“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.”
On March 26, Twitter affirmed gossipy tidbits that the online networking monster would take after Facebook and Google in bracing down on crypto-related promoting. The boycott secured promoting for ICOs and token deals as it were. What’s more, the strategy additionally included bans on digital currency trades and wallet administrations, unless they are open organizations and are recorded on real stock trades.
Now,guys I hope you will know why crypto currency related ads are baned by google.