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Google to Ban Cryptocurrency Ads, Deepening "Crypto Blackout"
• The Daily Bell(Dash Force News) Google has announced that it will be cracking down on cryptocurrency-related advertising, furthering the "crypto blackout" online.
According to new policies relating to financial services to be rolled out in June, among newly banned content will be anything related to cryptocurrency:
"Cryptocurrencies and related content (including but not limited to initial coin offerings, cryptocurrency exchanges, cryptocurrency wallets, and cryptocurrency trading advice)"
While the spirit of the ban appears to be targeted at ICOs and speculation, it will also affect other cryptocurrency information as well, from simple usage guides to wallets, news sites, general information, and more.
Google joins Facebook in the crypto ad blackout
Google follows in Facebook's footsteps in the crypto ad crackdown. Earlier this year, Facebook similarly banned cryptocurrency-related advertising. Now with Google joining in the ban, two of the most powerful online advertising networks have blocked out cryptocurrency. This united front will make reaching new users considerably more difficult, and will increase the value of earned media, solidifying gatekeeper status by major publications. Additionally, it may also give rise to more covert approaches to dodging ad filters, with cryptocurrency-related content packaged as something else.