Bitcoin prices dropped Wednesday following news that the world's largest online ad provider Google plans to ban cryptocurrency advertising.
Google said that the new policy will come into effect in June on its own platforms and on third-party websites where it sells advertising space.
Google will stop serving any ads related to cryptocurrencies.
(Reuters) - Alphabet Inc's Google said on Wednesday it will ban advertisements for cryptocurrencies and related content starting in June.
Google will ban online advertisements promoting cryptocurrencies and initial coin offerings starting in June, part of a broader crackdown on the marketing of a new breed of high-risk financial products. Alphabet Inc.'s Google announced the…
Google just banned cryptocurrency and ICO ads, a move that follows Facebook decision to do the same. The language is stark: you are no longer allowed to advertise “Cryptocurrencies and related content (including but not limited to initial…
HDFC Bank bans the purchase of Bitcoins, cryptocurrencies and virtual currencies through its credit, debit and prepaid cards
Before HDFC, Citi Bank had banned its customers from buying cryptocurrencies using credit and debit cards in mid-February.
Facebook Inc. took a similar step in January, leaving the two largest web-ad sellers out of reach of the nascent digital-currency sector.