Thursday, December 13, 2018
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Google to ban cryptocurrency and related advertisements
This July 19, 2016, file photo shows the Google logo at the company’s headquarters in Mountain View, Calif. (AP Photo/Marcio Jose Sanchez, File)
  • NEW YORK (AP)
  • --

Google says it is going to ban advertisements for cryptocurrencies such as bitcoin, as well as related content like trading advice and cryptocurrency wallets.

The new policies, which also ban other complex financial products, will go into effect in June.

The Mountain View, California-based company announced the change Wednesday.

The move follows a similar step by Facebook earlier this year. The social networking giant updated its ad policy in January to ban financial products often associated with deceptive practices, including those involving cryptocurrencies such as bitcoin.

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