Google Will Ban All Cryptocurrency-related Advertising (cnbc.com)

Google is cracking down on cryptocurrency-related advertising. From a report: The company is updating its financial services-related ad policies to ban any advertising about cryptocurrency-related content, including initial coin offerings (ICOs), wallets, and trading advice, Google's director of sustainable ads, Scott Spencer, told CNBC. That means that even companies with legitimate cryptocurrency offerings won't be allowed to serve ads through any of Google's ad products, which place advertising on its own sites as well as third-party websites. This update will go into effect in June 2018, according to a company post. "We don't have a crystal ball to know where the future is going to go with cryptocurrencies, but we've seen enough consumer harm or potential for consumer harm that it's an area that we want to approach with extreme caution," Scott said.

Comments

Re:Let Google tell us about the other side too...

[PolygamousRanchKid]

I would like Google to tell us whether they have seen any customer benefit at all.

Beat that title:

"Google's director of sustainable ads"

I'm guessing that title gets him to the front of the line at restaurant queues in Silicon Valley:

"I'm sorry, Madonna, but we have to serve the VIP Director of Sustainable Ads first."

Actually, I would rather have a beer with Google's Director of Unsustainable Ads. He's probably more amusing and more fun at parties.

Prediction

[Teppy]

I take this to mean that Google will release their own cryptocurrency in about 6 months.

Fahrenheit 0b111000011

[goombah99]

Sanitizing content is the digital equivalent of burning books.