Wednesday, October 28, 2020
Home Lead Story Google Removes Its Ban From Cryptocurrency

Google Removes Its Ban From Cryptocurrency

After Facebook and Google, Microsoft also removed advertisements showing cryptocurrencies and related products from its Bing search engine.

 Google is tweaking its ban on cryptocurrency-related advertisements it put in place earlier this year, planning to allow regulated cryptocurrency exchanges to buy ads in the US and Japan, the media reported.

Google in March announced a ban on advertisements for cryptocurrencies and other “speculative financial products” across its ad platforms.

“The Internet giant’s updated policy applies to advertisers all over the world and it will go into effect next month,” CNBC reported on Tuesday.

However, the ads can only run in the US and Japan, and interested parties will need to apply for certification to serve ads in each country individually, the report added.

Google, cryptocurrency
A Google logo is seen at the company’s headquarters in Mountain View, California, VOA

“Google’s parent company Alphabet gets roughly 86 per cent of its total revenue from advertising. The company booked more than $54 billion in ad revenue in the first half of 2018,” said the report.

Also Read: Google Rolls Out a Major Update Revamping Its ‘Feed Feature”

Facebook imposed a similar ban in January, but has subsequently lifted some restrictions.

After Facebook and Google, Microsoft also removed advertisements showing cryptocurrencies and related products from its Bing search engine. (IANS)

STAY CONNECTED

19,120FansLike
362FollowersFollow
1,779FollowersFollow

Most Popular

Women Experience Depression Even After 3 Years of Giving Birth

Researchers have found that approximately one in four women experienced high levels of depressive symptoms at some point in the three years after giving...

Lack of Monitoring Stations to Quantify Air Pollution in India

With Delhi facing another tryst with air pollution, several environmental experts believe that the problem goes beyond the national capital and that the country...

Nutritious Snacks for the Virtual School Breaks

The pandemic has forced children to go back to school with virtual learning having swapped classroom teaching. Although school in 2020 may look way...

Books that Address Children’s Mental Health

In these unprecedented times, when isolation fatigue, gloom, and the fear of losing a beloved has also come to grip children, taking care of...

Air Pollution Linked to 15% of COVID Deaths Worldwide

In a major global study, researchers have revealed that long-term exposure to air pollution may be linked to 15 percent of COVID-19 deaths worldwide. According...

Ketogenic Diet could Prevent or Reverse Heart Failure

Heart problems? A special diet might help as researchers have found that the popular and controversial ketogenic diet could completely prevent, or even reverse...

Technology to Produce Psychoactive Drugs by IIT Guwahati

Indian Institute of Technology Guwahati (IIT-G) on Tuesday said its researchers have developed a low-cost membrane technology to produce psychoactive drugs and anti-aging compounds...

Fashion Hubs Burgeon into Fresh Farm Outlets

In recent days, people passing by some of the biggest fashion hubs in Mumbai rub their eyes in disbelief at what they behold. Instead of...

Recent Comments