Google Steps Back on Bitcoin and Cryptocurrencies: Removing the Block Today!

Google will allow the display of certain cryptocurrency ads globally as of Monday, January 29.

In parallel with the increasing cases of fraud through cryptocurrency advertisements, especially in recent years, applications in this field were seriously restricted by Google.

However, according to current news, Google has started some advertising activities for the cryptocurrency industry. Monday, January 29 announced that it will allow it globally as of today and will update its service policy accordingly.

Types of ads Google will allow with gray areas Even though it is full, the “cryptocurrency trusts” was the highlight. Market analysts say this category is very likely spot Bitcoin exchange traded funds (ETFs) He predicted that it would include. It was considered a very positive development that the spot Bitcoin ETF advertisement reached billions of users.

In this regard, institutions offering spot Bitcoin ETF in the USA, About ETF products It was stated that they can start advertising all over the world as of today.

Advertisers will be expected to comply with local laws in the regions they target. This applies to all Google ads. This update on cryptocurrencies will aim to clarify the features of Cryptocurrency trusts.

source site-10