Guys hi,
Did you hear about it?
In a post published Tuesday, the firm suggested that it will certainly change its existing monetary product restriction listing in June this year, blacklisting ad web content including yet not limited to initial coin offerings (ICO), cryptocurrency exchanges, cryptocurrency purses, as well as cryptocurrency trading suggestions.
Such advertisements will not be allowed to serve, the blog checks out. In addition, the restriction will relate to Googles both proprietary as well as associated ad systems.
We do not have a crystal ball to know what the future expects the market to cry out. But we have seen enough harm for consumers in this area, so we want to approach it with particular caution, - said on Google.
The bitcoin price was largely unchanged after Googles announcement.
source:
http://icowatchers.co/google-will-ban-ico-and-crypto-advertisements/Well advertisements actually help ICOs and cryptocurrency to accumulate investors. We may not feel the short-term impact of it when this totally takes place, but I am sure it will surely harm cryptocurrency. However, as we know a lot of people are into cryptocurrency and I am sure people and developers will find a way on how to market cryptocurrency.