BREAKING: Google to Let Crypto Exchanges and Wallets Target U.S. Users

Nartey Jokshan   03 Jun, 2021   news.eBitcoinics.com   Views: 327

Starting from August 3, Google will allow advertisers offering cryptocurrency exchanges and wallets to target U.S. users. They will have to meet a set of requirements outlined by the search giant. 

Cryptocurrency exchanges must be duly registered with: 

  • FinCEN as a Money Service Business and with at least one state as a money transmitter;
  • a federal state or state chartered bank entity.
  • Must comply with relevant legal requirement, including local legal requirements, whether at a state or federal level.
  • Ensure their ads and landing pages comply with all Google Ads policies.

Despite this developments, Google is still upholding its ban or promoting initial coin offerings while adding that advertising decentralized finance protocols is also prohibited. The giant won't accept ads that promote investment advice, trading signals or compare different cryptocurrency issuers.



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