Google announces it will BAN ALL cryptocurrency-related ads


In a separate blog post, Google said it took down 3.2 billion ads that violated its advertising policies in 2017, almost double the number of ads it removed in 2016.

Alphabet Inc. owned Google LLC has recently announced that it is going to block ads for "cryptocurrencies and related content" in its updated policy, as reported by Bloomberg.

There has been an increase in bad ads/sites removed in 2017 compared to 2016.

Of the 1.7 billion ads, 79 million were attempting to send people to malware-laden sites - Google removed 400,000 of these unsafe sites previous year.

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According to her, this new technology has been critical in helping to scale enforcement for policies that prohibit monetization of inappropriate and controversial content. It also removed 400,000 unsafe sites. Throughout all of 2017, they reviewed over 11,000 websites for potentially containing misrepresentative or misleading content and suspended more than 650 websites and terminated 90 publishers from our ad network.

Banished 320,000 publishers from the AdWords network for violating ad policies. The company removed 320,000 publishers from its ad network for violating publisher policies, and blacklisted almost 90,000 websites and 700,000 mobile apps. You're not alone. In recent years, scammers have tried to sell diet pills and weight-loss scams by buying ads that look like sensational news headlines but ultimately lead to a website selling something other than news.

Google said the ban will include unregulated and speculative products like binary options, cryptocurrency and financial spread betting among others.

As Google implement these new changes, the Google ad's network becomes a lot safer, resulting in websites and blogs not having to worry about the ads that appear via Google's Adsense program. And now, another tech giant, which is widely renowned for its range of internet products and services, Google is planning to ban online advertisements promoting cryptocurrencies and initial coin offerings (ICOs) from June.