crypto ad policy, crypto exchange ads, Google, google ads, google bitcoin, google bitcoin ads, google crypto, google crypto exchange

Google has announced an update to its financial products and services policy, which includes its policy on cryptocurrency advertising. The new rules will take effect in August and all prior crypto exchange certifications will be revoked. Advertisers must request new cryptocurrency exchanges and wallets certification with Google.

Google Introduces New Crypto Ad Rules

Google Inc. posted a notice Wednesday regarding its new crypto ad policy. “This policy will apply globally to all accounts that advertise these financial products,†the Internet giant wrote.

The notice explains that Google will update its existing financial products and services policy in August “to clarify the scope and requirements to allow the advertisement of cryptocurrency related business and services.†The tech giant wrote: “Beginning August 3, advertisers offering cryptocurrency exchanges and wallets targeting the United States may advertise those products and services when they meet the following requirements and are certified by Google.â€

The company proceeded to explain how advertisers can be certified. Firstly, they must be duly registered with the Financial Crimes Enforcement Network (FinCEN) “as a Money Services Business and with at least one state as a money transmitter.†Alternatively, the advertisers can be “a federal or state chartered bank entity.â€

Furthermore, Google noted that the advertisers must meet all relevant legal requirements, including state, local, and federal laws and they must also “Ensure their ads and landing pages comply with all Google Ads policies.†The company elaborated:

Meanwhile, Google clarified that some ads are not allowed. They include “Ads for initial coin offerings [ICO], Defi trading protocols, or otherwise promoting the purchase, sale, or trade of cryptocurrencies or related products.†In addition, “Ad destinations that aggregate or compare issuers of cryptocurrencies or related products†are also prohibited.

“ICO pre-sales or public offerings, cryptocurrency loans, initial DEX offerings, token liquidity pools, celebrity cryptocurrency endorsements, unhosted wallets, unregulated Dapps, cryptocurrency trading signals, cryptocurrency investment advice, aggregators or affiliate sites containing related content or broker reviews†are some examples of the ads that are not allowed.

Google’s current financial products and services policy states: “We consider financial products and services to be those related to the management or investment of money and cryptocurrencies, including personalized advice.†Crypto ads are currently allowed in the U.S. and Japan.

What do you think about Google’s new policy on cryptocurrency ads? Let us know in the comments section below.

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Du lịch nhật bản, hướng dẫn du lịch Nhật và đánh giá địa điểm Nhật Bản Japan travel news, japan travel guides, japan holiday destinations and japan reviews

RELATED NEWS

Google Announces New Policy for Cryptocurrency Ads

Google has announced an update to its financial products and services policy, which includes its policy on cryptocurrency advertising. The new rules will take effect in August and all prior crypto exchange certifications will be revoked. Advertisers must request new cryptocurrency exchanges and wallets certification with Google. Google Introduces New Crypto Ad Rules Google Inc. […]

Xem chi tiết: Google Announces New Policy for Cryptocurrency Ads

Silicon Valley ‘Super Angel’ Investor Ron Conway Says Crypto Economy Is the Next Multitrillion Dollar Opportunity

Famed Silicon Valley “super angel†investor Ron Conway sees the crypto economy as the next multitrillion-dollar opportunity in innovation. The Silicon Valley legend likens Coinbase to Google after the company’s IPO via a direct listing on Nasdaq. Crypto Is the Next Multitrillion Dollar Opportunity in Innovation Legendary investor Ron Conway, who is often described as […]

Xem chi tiết: Silicon Valley ‘Super Angel’ Investor Ron Conway Says Crypto Economy Is the Next Multitrillion Dollar Opportunity

Big Tech’s Freedom of Speech Purge Pushes People to Censorship-Resistant Blockchain Social Media

During the last few days, the world has watched the Big Tech and social media crackdown after the incident that took place at Capitol Hill a few days ago. During the last 48 hours, U.S. President Donald Trump, a great number of right-wing supporters, and literally anyone who speaks out against the U.S. government has […]

Xem chi tiết: Big Tech’s Freedom of Speech Purge Pushes People to Censorship-Resistant Blockchain Social Media

Google Cloud Seeks Blockchain Expert for China Division

Cloud computing giant Google Cloud is seeking to hire a “blockchain business development manager†to be based in China. According to a post, Google Cloud is hiring a manager for its team to sell enterprise accounts to C-level executives. Applicants will be considered from Beijing, Shanghai and Shenzhen. Google Cloud has a number of blockchain […]

Xem chi tiết: Google Cloud Seeks Blockchain Expert for China Division

Google Down: The Perils of Centralization

Google was down for only an hour, but Monday’s outage served as a jarring reminder of how much modern existence online depends on the centralized search engine colossus. From Gmail and Google Calendar to YouTube and even Google’s two-factor authentication, the outage temporarily ground online work to a halt for many, including publications that would […]

Xem chi tiết: Google Down: The Perils of Centralization

Popular Browsers Like Google Fail to Catch Copycat Crypto Sites, Scams Make the Top Results

As the digital asset economy grows popular and a number of crypto companies become well known, copycat scammers appear in greater numbers. There are a number of websites that are clones of the official web page from companies that provide mining device sales, wallets, full nodes, paper wallet tools, and popular trading platforms. Just recently, […]

Xem chi tiết: Popular Browsers Like Google Fail to Catch Copycat Crypto Sites, Scams Make the Top Results

Popular Browsers Like Google Fail to Catch Copycat Crypto Sites, Scams Make the Top Results

As the digital asset economy grows popular and a number of crypto companies become well known, copycat scammers appear in greater numbers. There are a number of websites that are clones of the official web page from companies that provide mining device sales, wallets, full nodes, paper wallet tools, and popular trading platforms. Just recently, […]

Xem chi tiết: Popular Browsers Like Google Fail to Catch Copycat Crypto Sites, Scams Make the Top Results

Google Searches for ‘Bitcoin Price’ Hit 18-Month High

General interest in bitcoin looks to have risen alongside the top cryptocurrency’s rally to a new peak price. As of last week, Google Trends, a barometer for gauging general or retail interest in trending topics, returned a value of 21 for the worldwide search query “bitcoin priceâ€. That’s over double the value of 10 observed […]

Xem chi tiết: Google Searches for ‘Bitcoin Price’ Hit 18-Month High

As Bitcoin Surges, Google Searches Suggest Little FOMO Among Retail Investors

Concordium Debuts its Business-Oriented Blockchain Mainnet

Doge in Brooklyn: A Local Apparel Store Starts Accepting the Famed Crypto

Iran’s President Wants Crypto ‘Laws and Instructions’ Implemented as Soon as Possible

South African Court Submissions Expose Lies and Deceptive Tactics Used to Perpetuate MTI Bitcoin Ponzi Scheme

Denmark to Revise Tax Law to Target Cryptocurrencies

Report: Document Shows Specific Bitcoin Miners in Xinjiang Instructed to Shut Down

$160 Billion Asset Manager Entering Crypto Market in Collaboration With Nasdaq

Other Articles