Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Markets Cryptos

Google lifts ban on Crypto exchanges advertisements

Olumide Adesina by Olumide Adesina
June 3, 2021
in Cryptos, Spotlight
Google lifts ban on Crypto exchanges advertisements
Share on FacebookShare on TwitterShare on Linkedin

Google, the world’s most widely used search engine, some hours ago issued a press release lifting a nearly three-year-old policy banning Crypto exchanges from using its ad services.

The search engine demigod, however, highlighted that crypto exchanges permitted for ads on its platform must have some form of regulation.

From August 3, advertisers offering Cryptocurrency Exchanges and Wallets targeting the United States may advertise those products and services when they meet the following requirements and are certified by Google.

READ: U.S Comptroller of the Currency, Michael Hsu wants to set a “regulatory perimeter” for cryptos

To be certified by Google, advertisers will need to be duly registered with:

(a) FinCEN as a Money Services Business and with at least one state as a money transmitter; or

(b) a federal or state-chartered bank entity.

Advertisers are also mandated to comply with relevant legal requirements, including any local legal requirements, whether at a state or federal level.

READ: How to protect your Crypto assets from thefts, hacks and frauds

Google, however, affirmed that the following were still under the ban:

  • DeFi trading protocols, Ads for initial coin offerings or otherwise promoting the purchase, sale, or trade of cryptocurrencies or related products.
    • Examples (non-exhaustive): ICO pre-sales or public offerings, cryptocurrency loans, initial DEX offerings, token liquidity pools, celebrity cryptocurrency endorsements, un-hosted wallets, unregulated DApps.
  • Cryptocurrency investment advice, Cryptocurrency trading signals, aggregators, or affiliate sites containing related content or broker reviews.

READ: How best to protect your BTC from cybercriminals

Crypto pundits anticipate that the new advertisement policy means that the internet community may soon be bombarded with Crypto ads, with leading Crypto exchanges like FTX, Gemini, Coinbase meeting such criteria.

Some months ago, the world’s most valuable search engine, added selected cryptos to its finance platform.

Alongside leading financial markets, particularly in emerged markets, the trillion-dollar company added a “Crypto” section thereby giving Bitcoin, Ethereum, Litecoin, Bitcoin Cash more limelight.

This comes as no shocker to many market commentators as the trillion-dollar company incorporating crypto assets on its finance page follows a long wave in mainstream approval over the past months.

Related

Tags: BitcoinBitcoin CashEthereumGoogle crypto advert banLitecoin

Comments 4

  1. Anonymous says:
    June 3, 2021 at 7:08 am

    Please can they extend the registration please for people that have not register but send their profile code, please, Thanks.

    Reply
  2. Alaribe favour gift says:
    June 3, 2021 at 7:09 am

    Please can they extend the registration please for people that have not register but send their profile code, please, Thanks.

    Reply
  3. Lucky says:
    June 3, 2021 at 11:19 am

    This is great news
    More works need to be put in place

    Reply
  4. OneMusicNaija says:
    December 6, 2021 at 1:30 pm

    Its a good thing they’ve started working to improve the economy, i just hope it is genuine

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Hot forex
Cornerstone
Mega Millions
Polaris Bank
Eco Bank
Access Bank
Bankers Committee
First bank


FCMB
Ikeja Electrics




    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • Bad week for Nigerian ETFs as market capitalization drops to N7.48 billion
    • Lagos announces free health insurance for 5,000 Lagosians to mark Sanwo-Olu’s birthday
    • FITC to hold 2022 edition of annual Fintech conference

    Follow us on social media:

    Recent News

    Report on ETFs

    Bad week for Nigerian ETFs as market capitalization drops to N7.48 billion

    June 24, 2022
    Sanwo-Olu, COVID-19: Lagos ramps up measure to smash disease as it begins fumigation, Covid-19: Total lockdowm imminent as Lagos fears confirmed cases could hit 39,000, Hotels to remain shut in Lagos, as manufacturing and construction companies get conditional waivers, COVID-19 palliative: Sanwo-Olu concludes Homegrown School Feeding Programme

    Lagos announces free health insurance for 5,000 Lagosians to mark Sanwo-Olu’s birthday

    June 24, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com