Facebook said in January that it would introduce\u00a0a blanket ban on crypto ads because of concerns over scammers. It cited as examples messages that exhorted people to \u201cuse your retirement funds to buy bitcoin!\u201d and, \u201cclick here to learn more about our no-risk cryptocurrency.\u201d<\/p>\n
\u201cWe want people to continue to discover and learn about new products and services through Facebook ads without fear of scams or deception,\u201d said Facebook product management director Rob Leathern in an official statement.<\/strong><\/p><\/blockquote>\nWednesday\u2019s bitcoin plunge was also driven by a blog post from Christine Lagarde, head of the International Monetary Fund. She called on regulators around the world to crack down on cryptocurrencies\u2019 potential as a \u201cmajor new vehicle for money laundering and the financing of terrorism.\u201d She also said their \u201cextreme volatility\u201d could create new vulnerabilities in the financial system.<\/p>\n","protected":false},"excerpt":{"rendered":"
Google has said it will block all advertising related to cryptocurrencies and ICOs, as well as certain kinds of gambling ads, as it moves to protect its “ads ecosystem\u201d from \u201cemerging threats.\u201d The search giant said its cryptocurrency ban also extends to exchanges and wallets. Gambling advertising that relates to skin betting and \u201cspeculative financial […]<\/p>\n","protected":false},"author":42,"featured_media":72992,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,19,13592],"tags":[],"acf":[],"yoast_head":"\n
Google Blocks Cryptocurrency, Skin Betting and Forex Advertising<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n