Google to prohibit advertising of cryptocurrency

Google (Alphabet) is going to toughen the advertising of cryptocurrencies and related services from June this year. The company decided to reduce the amount of advertising regarding unregulated or speculative financial services. Some companies will still be able to place their ads, as before, but only after the passing of special certification, and this option will be available only in certain countries. In late January this year, the social network Facebook also banned such advertising.

Since the beginning of the week, Google shares (Alphabet) have decreased by 2.9% and will continue to decline further based on the news. Trading will be available during the American session, from 14:40 to 21:00 GMT.

 

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