News

New Google Crypto Policies Will Support Ads Related to Crypto Investment

Key Points:

  • Google crypto policies will permit advertising of select cryptocurrency products, including Bitcoin ETFs, on its main search engine.
  • Advertisers meeting specific criteria and Google certification can promote cryptocurrency trusts in the U.S.
  • The new Google crypto policies aim to clarify Cryptocurrency Coin Trust advertising, promoting responsible financial decisions.
On January 29, Google is set to update its advertising policies, opening up opportunities for certain cryptocurrency products to be promoted on its main search engine.
New Google Crypto Policies Will Support Ads Related to Crypto Investment 2

New Google Crypto Policies Open Doors For Cryptocurrency Advertising Update

These Google crypto policies, reported by Cointelegraph, are particularly significant for Bitcoin exchange-traded funds (ETFs), which are speculated to meet the revised criteria.

According to the new Google crypto policies, advertisers targeting the United States can promote cryptocurrency trusts if they meet specific requirements and are Google-certified. The policy, applicable globally, emphasizes adherence to local laws in targeted areas. Violators will be given a warning at least 7 days prior to a potential account suspension, allowing time for compliance.

The update aims to bring clarity to the advertising of Cryptocurrency Coin Trusts, specifically financial products facilitating trading in trusts holding digital currency pools. Cointelegraph had previously reported in December 2023 about the forthcoming revision of Google‘s crypto advertising policy.

Google expressed its intention to provide users with sufficient information for informed financial decisions, stating:

“Our policies are designed to give users information to weigh the costs associated with financial products and services and to protect users from harmful or deceitful practices.”

Due to Google’s robust transaction processing capabilities in search, cryptocurrency analysts are optimistic about the potential surge in Bitcoin ETF-related activities following the policy update. The revision is expected to create new opportunities within the crypto industry, aligning with Google’s commitment to responsible advertising in the financial sector.

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

Recent Posts

Crypto Advisory Council Now A White House Position Attracting Leaders

Major crypto firms, including Ripple, Kraken, and Circle, are competing for spots on President-elect Donald…

37 minutes ago

Analyst Sounds Major Breakout Alert Amid Shiba Inu, WallitIQ, And Dogecoin Price Recoveries

Analysts highlight a breakout alert as Shiba Inu (SHIB), and Dogecoin show signs of recovery…

1 hour ago

SEC Chair Gary Gensler Will Lose Power From January 20

SEC Chair Gary Gensler will step down on January 20, 2025, coinciding with President-elect Donald…

1 hour ago

MicroStrategy Convertible Notes Now Out of Stock With $3B Raised

The MicroStrategy convertible notes offering, initially set at $1.75 billion, was increased to $2.6 billion…

2 hours ago

Qubetics, Cosmos, and Chainlink: Why These Cryptos Are Your Best Bet for November 2024

Discover why Qubetics, Cosmos, and Chainlink are the best cryptos to buy in November 2024.…

5 hours ago

Best Cryptos to Buy in December 2024: Qubetics Presale Goes Ballistic as Ethereum and Quant Look to Build Momentum

Best Cryptos to Buy in December 2024: Qubetics ($TICS) presale explodes, Ethereum (ETH) eyes a…

8 hours ago

This website uses cookies.