Google and Facebook ban Cryptocurrency Advertisements
The good news is that cryptocurrencies like Bitcoin are becoming mainstream and popular, the bad news is that cryptocurrencies like Bitcoin are becoming mainstream and popular. With the growth of cryptocurrencies comes scrutiny from regulators as well as abuse from scammers. Following Facebook’s lead, Google is banning ads for cryptocurrencies and “speculative financial products” for all of its advertising mediums. With every new technology and product comes those who will exploit its popularity for financial gain. In the case of cryptocurrencies, these scammers are finding ways to steal information from online ads. The ban will no doubt slow down the scammers, but they will of course find another way to take advantage of those consumers looking to capitalize on this new currency. And with the…