Tuesday, September 22, 2020
Home Lead Story Microsoft’s Search Engine Bing Bans Cryptocurrency Advertisements

Microsoft’s Search Engine Bing Bans Cryptocurrency Advertisements

Microsoft bans cryptocurrency ads on Bing search engine

After Facebook and Google, Microsoft has now banned advertisements showing cryptocurrencies and related products from its Bing search engine.

“Because cryptocurrency and related products are not regulated, we have found them to present a possible elevated risk to our users with the potential for bad actors to participate in predatory behaviours, or otherwise scam consumers,” Melissa Alsoszatai-Petheo, Advertiser policy manager at Microsoft, said in a blog post on Wednesday.

“To help protect our users from this risk, we have made the decision to disallow advertising for cryptocurrency, its related products, and un-regulated binary options,” she added.

Cryptocurrency
Cryptocurrency. Pixabay

Bing Ads will implement this change globally in June, with enforcement rolling out in late June to early July.

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

The ban on such advertisements would come into force from June.

Also Read: Microsoft in Motion to Secure Billions of Connected ‘Edge’ Devices

In January, social media giant Facebook banned all ads promoting cryptocurrencies, including Bitcoin and ICOs.

According to media reports, Twitter was also likely to ban cryptocurrency, token sales and Initial Coin Offerings (ICO) advertisements on its platform. (IANS)

STAY CONNECTED

19,143FansLike
362FollowersFollow
1,774FollowersFollow

Most Popular

This Indian Couple Run Street-Side Classes For Poor And Needy Children

On a quiet road in India's capital, tucked away on a wide, red-bricked sidewalk, children set adrift by the country's COVID-19 lockdown are being...

Lockdown Taught Me Greatest Lessons of Life: Mouni Roy

Actress Mouni Roy, who will soon be seen in the digital film, London Confidential, opposite Purab Kohli, says that lockdown taught her some of...

“It is Important To Support Folk Artists and Daily Workers in Trying Times”, Says Popular Singer Shaan

Popular playback singer Shaan says that folk artists and daily workers are keeping the music heritage and industry intact, and it's crucial for the...

Here’s How The Art of “Writing” Became an Empowerment Tool For These Female Authors

By Siddhi Jain Being a female author can come with its own set of challenges, especially when one is trying to juggle a career in...

Self-Driving Cars To Navigate Rush Hour Traffic On This Planet: NASA

A laser-based technology designed to help spacecraft land on a proverbial dime for missions to the Moon and Mars is also helping self-driving cars...

Choose Correct Diet And Workout To Stay Motivated: Actor Sunny Singh

Actor Sunny Singh says when you choose the correct diet and workout, you will always be motivated. "It's been quite a long that I've been...

ICAR Builds Technology To Make Bacteriophages To Control Shrimp Diseases

The ICAR-Central Institute of Brackishwater Aquaculture (CIBA) on Monday said it has transferred its technology to make bacteriophages, or viruses that eat bacteria, to...

NEP Arrived When India Is Redefining Itself As “Atmanirbhar Bharat”

The New Education Policy (NEP) has infused a new wave of optimism with the vision of strengthening the education system, branching out into varied...

Recent Comments