Google

Google, along with other large-scale internet platforms, announced its decision to put a ban on digital currency advertisement in March. With the new policy having come into effect starting June 1, fintech experts have already called this decision “ill-thought-out and potentially even unethical”, according to The Independent.

Vitalik Buterin, the founder of both Ethereum and Coin-Magazine, has been contacted by Google hoping that he will play an important role in helping the technology star with a mysterious blockchain project. Google started a trial for developers testing blockchain services on its cloud in 2016.

Cryptocurrency ads were not treated friendly by a number of the world’s biggest companies on the financial market, including Facebook and Google. Developed and operated by Microsoft, the Bing platform joined the movement and decided to ban crypto tokens ads starting from July 2018.

The open-source financial market services tool MyEtherWallet (MEW) was exposed to a Google DNS hack. Social networks and other crypto discussion boards have recently exploded with dozens of reports on the fact stating that their virtual coins have been stolen from MEW accounts.

Coinidol.com World news outlet reports on the latest news from the world of Blockchain and Cryptocurrency.

According to leading investment analysts, 2018 will be the year that AR and blockchain technology achieve wider recognition and there’s plenty of evidence to back that assertion up. While Apple, Google, and Facebook are already battling for leading roles, many blockchain-based projects, such as Arcona, are striving to make mixed reality more accessible to a mass audience.  

Just as Facebook and Google recently put a ban on cryptocurrency advertisements, Twitter has been reported to do the same. The ban may take place in the coming two weeks and will forbid the advertising of ICOs, token sales, crypto wallets, as well as crypto exchanges.

Google shocked the cryptocurrency market with its updated financial products policy. According to the announcement, the largest international corporation made up its mind to disable digital currency advertising. At the same time, the Bitcoin value keeps its previous tactics – a gradual markdown.

Google was asked to prohibit all ads for binary options, cryptocurrencies and initial coin offerings by Canadian and US law enforcement. As Facebook announced their banning of all advertisements concerning crypto trading last week, Google is expected to follow Facebook’s example.