The internet search giant’s move followed efforts by European, US and Chinese regulators to curb fraud related to cryptocurrencies
Google will ban online advertisements promoting cryptocurrencies and initial coin offerings (ICOs) starting in June, part of a broader crackdown on the marketing of a new breed of high-risk financial products.
The internet search giant, a subsidiary of multinational conglomerate Alphabet, announced the decision on Wednesday in an update to its policy, which said it will begin to block ads for “cryptocurrencies and related content”.