Google will ban ads related to cryptocurrencies

Google said on Wednesday morning that it had updated its worldwide policies to curb adverts in “unregulated or speculative financial products.” This will undermine the ability for cryptocurrency exchanges, advisory firms and digital wallet companies to reach new customers. Ads for cryptocurrencies, ICOs, wallets and exchanges will be blocked from June to prevent scams

Bitcoin cryptocurrency is losing value fearing fall

Lloyds Banking Group is banning now customers from using credit cards to buy Bitcoin and other cryptocurrencies. Its move follows warnings by regulators and ministers in the US, South Korea, China, Russia, India, Germany and France over the market. JPMorgan Chase & Co., Bank of America Corp. and Citigroup Inc., in the U.S.,on Friday and Saturday,  said they’re halting purchases of Bitcoin and other cryptocurrencies on their credit cards.

  • Written by Robert Woodward
  • Category: Global Markets