Google bans ads for cryptocurrencies and ICO’s –
– as well as ads for forex and CFD brokers.
[U]Excerpts from the Finance Magnates article[/U]:
“Yesterday’s official announcement from Google that it is preparing to ban the advertisement of forex and CFDs along with ICOs was a big surprise for the industry.”
“But why did forex and CFDs brokers end up together with cryptocurrencies and ICOs?”
“Google and Facebook might both be reacting to the SEC’s decision to flip the switch on crypto, and in all fairness, they probably don’t have much choice. As was reported by the FT last night, European regulators are considering a digital tax for companies that are working in the space.”