Google Is Letting Some Cryptocurrency Ads Back on Its Platform

Image: Google (Gizmodo)

Google, which banned cryptocurrency advertisements from its platform earlier this year, will be partially rolling back that policy as of October.

The policy was originally enacted to protect consumers from the burgeoning number of crypto-scams that have afflicted the market for years and reached a fever pitch as the price of several digital currencies exploded in 2017 (before imploding in early 2018 to disastrous effect). Google appears to be doing some backtracking, though not entirely: According to a blog post flagged by CNBC, it will only allow “regulated cryptocurrency exchanges to advertise in the United States and Japan.”