Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»BITCOIN NEWS»American Trust scores a big win in its advertising update.
BITCOIN NEWS

American Trust scores a big win in its advertising update.

By Crypto FlexsDecember 11, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
American Trust scores a big win in its advertising update.
Share
Facebook Twitter LinkedIn Pinterest Email

Tech giant Google has revised its policy on cryptocurrency-related advertising to allow ads about cryptocurrency trusts from late January, when the Bitcoin exchange-traded fund (ETF) is expected to be approved. Us.

The amendments focus on coin trusts for cryptocurrencies, financial instruments that allow investors to trade in trusts that hold significant pools of cryptocurrencies. Simply put, these trusts provide investors with assets in cryptocurrencies without actually holding the cryptocurrencies.

Google’s Cryptocurrency Advertising Guidelines: Global Impact

The updated guidance applies to all accounts promoting cryptocurrency coin trusts outside the United States and globally.

The goal of these amendments, effective January 29, 2024, is to provide customers with access to more reliable information and protect them from all risks associated with cryptocurrency investments.

Google’s full change log in relation to permitting crypto trust ads. Source: Google

Marketers looking to reach U.S. consumers can promote these products and services by following the guidelines specified in the revised specification and becoming Google Certified.

As of this writing, certain digital asset products are still subject to advertising. Google now bans advertising for DeFi protocols, NFT-based gaming platforms, ICOs, and companies offering trading recommendations.

There is a 90% chance that a spot Bitcoin ETF will be approved in the U.S. by January 10, 2024, according to Bloomberg ETF analysts. The SEC may approve multiple pending applications simultaneously.

As of today, the market cap of cryptocurrencies stood at $1.54 trillion. Chart:  TradingView.com

Approval is a bet on the cryptocurrency space. With Bitcoin rising about 74% over the past 90 days, some analysts predict that Bitcoin will hit a new all-time high in 2024.

Google’s Evolution: A Changing Approach to Cryptocurrency Advertising

In 2018, Google took the drastic step of banning all marketing related to cryptocurrency. Scott Spencer, Google’s director of sustainable advertising, emphasized that the company was approaching cryptocurrencies “very cautiously” at the time.

After initially taking a hardline stance, Google decided to relax its regulations in 2019, effectively making it accessible to regulated cryptocurrency sites.

This calculated move marked a subtle shift in Google’s advertising strategy, acknowledging the development and legal compliance of specific Bitcoin companies while keeping an eye on the larger cryptocurrency scene.

Google’s change to its cryptocurrency advertising policy coincides with a rise in fraudulent cryptocurrency advertising campaigns. According to a recent Lloyds Bank survey, 66% of cryptocurrency investment scams come from social media advertisements and are increasingly targeting individuals aged between 25 and 34.

At the time of this writing, the value of the global cryptocurrency market was close to $1.6 trillion, an increase of 1.0% from the previous day.

Featured image from Shutterstock

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin is integrated into less than $ 108,000, but the eyes are set for $ 115,000.

June 29, 2025

Sequans starts $ 384M Bitcoin Treasury Initiative with Swan Bitcoin Partnership.

June 23, 2025

ECB Chairman Lagarde aims to seize the global order to strengthen the Euro’s global position.

June 17, 2025
Add A Comment

Comments are closed.

Recent Posts

The Open Platform Is First Unicorn In Web3 Ecosystem In Telegram At $1bn Valuation

July 3, 2025

The mindset of Retail Investors

July 3, 2025

Cooking.City Bringing Back Value Redistribution To Solana Fair Launches

July 3, 2025

XRP rebounds are interested in APT miners cloud mining.

July 3, 2025

The market will select US regulatory stable coins more than CBDCS every day of CBDCS every day.

July 3, 2025

Best Crypto PR Agency Packages : What to Look For & Where to Start

July 3, 2025

Looking for an Affordable Crypto PR Agency? Here’s What to Know Before You Spend

July 3, 2025

Crypto PR Packages for Startups: What You Need & How to Choose the Right One

July 3, 2025

Cheap Crypto Press Release: How to Promote Your Project Without Overpaying

July 2, 2025

The Ultimate Guide to Crypto Public Relations Packages

July 2, 2025

Submit Your Website to Crypto Directories and Boost Your Visibility Instantly

July 2, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

The Open Platform Is First Unicorn In Web3 Ecosystem In Telegram At $1bn Valuation

July 3, 2025

The mindset of Retail Investors

July 3, 2025

Cooking.City Bringing Back Value Redistribution To Solana Fair Launches

July 3, 2025
Most Popular

According to LINK’s forecast, the price is expected to rise 20% in 7 days.

January 21, 2024

Dogecoin Price Prediction – DOGE Bulls Target New Rally to $0.095.

January 30, 2024

BTC, ETH, XRP, BNB, SOL, DOGE, ADA, Sui, Hype, Link

May 23, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.