Google to ban Bitcoin, other cryptocurrencies advertisements from June

Bitcoin the largest cryptocurrency by market value pared an advance of about 2% after Google’s announcement

Google painted a bleak picture of cybersecurity trends March 20, 2017, saying the number of websites hacked rose 32 percent previous year, with little relief in sight."We don't expect this trend to slow down".

The move came as part of Google's announcement that it had removed 3.2 billion "bad ads" in 2017, nearly double the amount removed during the previous year.

Online ads enable all sorts of free services online, including search and social networks and the article you're reading now, but Google is working harder than ever to keep the bad ones at bay.

Of the 1.7 billion ads, 79 million were attempting to send people to malware-laden sites - Google removed 400,000 of these unsafe sites a year ago. "We've been talking to Google and had similar discussions and are waiting for them to take similar action".

Google is also accelerating a push against misleading content.

"Improving the ads experience across the web, whether that's removing harmful ads or intrusive ads, will continue to be a top priority for us", said Spencer. It equally removed 66 million "trick-to-click" adverts as well as 48 million adverts that were attempting to get users to install unwanted software.

More news: Stormy Daniels offers to return Trump affair hush money

In 2017 Google took down more than 3.2 billion ads, removed 320,000 supposedly bad publishers from its ad network and blocked almost 90,000 websites and 700,000 mobile apps for policy violations.

According to her, this new technology has been critical in helping to scale enforcement for policies that prohibit monetization of inappropriate and controversial content.

Google is also cracking down on ads for contracts for difference (CFD), spread betting, and foreign exchange products on its platform.

In and interview with CNBC, Scott Spencer, Google's director of sustainable ads, said the company is updating its financial services-related ad policies to ban any advertising about cryptocurrency-related content, including initial coin offerings (ICO), wallets, and trading advice. The new restriction would apply to both space on Google's platforms, like YouTube, and to third-party websites where Google sells advertising space.

Which means a whole new raft of Google regulation/internal regulators.

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