Arab Press

بالشعب و للشعب
Tuesday, Jul 01, 2025

Google to accept cryptocurrency exchange, wallet advertisements in August

Google to accept cryptocurrency exchange, wallet advertisements in August

Google's advertising policy currently allows regulated cryptocurrency exchanges to advertise in the United States and Japan

Google will begin accepting advertisements of cryptocurrency exchanges and digital wallets targeting U.S. consumers on its platform beginning Aug. 3. The tech giant said it will update its financial products and services policy in August to "clarify the scope and requirements to allow the advertisement of cryptocurrency related business and services."

A cryptocurrency wallet is an app that allows users to store and retrieve their digital assets from crypto exchanges, such as Coinbase. Once stored in the digital wallet, a user can then use those holdings to make transactions.


Coinbase recently announced that select customers will be able to begin using the Coinbase Card, a Visa debit card that offers up to 4% back in crypto rewards on everyday purchases, with digital wallets Apple Pay and Google Pay starting this week. Meanwhile, PayPal said last week that it was developing a withdrawal function to allow its users to move their cryptocurrencies into digital wallets.
Advertisers with cryptocurrency

exchange and wallet offerings must meet Google's certification requirements, including registering with the Financial Crimes Enforcement Network as a Money Services Business, and with at least one state as a money transmitter, or a federal or state chartered bank entity.

They must also ensure that their ads and landing pages are complying with state and federal legal requirements and all Google ad policies.

In addition, advertisers will be required to request a new "Cryptocurrency Exchanges and Wallets certification" with Google through an application form that will be available beginning July 8. Prior cryptocurrency exchange certifications will be revoked on Aug. 3.

In March 2018, Google, Facebook and Twitter all said they would ban or restrict advertisements related to cryptocurrencies in an attempt to crack down on fraud.


Facebook later announced it was reversing its ban, allowing ads that promote cryptocurrency and related content from pre-approved advertisers. Google immediately followed suit, announcing in October 2018 that it would allow regulated cryptocurrency exchanges to advertise in the United States and Japan.

Under Google's revised advertising policy, ads for initial coin offerings, decentralized finance, or DeFi, trading protocols, and promoting the purchase, sale, or trade of cryptocurrencies or related products are prohibited. Examples include initial coin offering pre-sales or public offerings, cryptocurrency loans, initial DEX offerings, token liquidity pools, celebrity cryptocurrency endorsements, unhosted wallets and unregulated decentralized apps.

Ad destinations that aggregate or compare issuers of cryptocurrencies or related products will also be prohibited. Examples include cryptocurrency trading signals, cryptocurrency investment advice, aggregators or affiliate sites containing related content or broker reviews.

"As a reminder, we expect all advertisers to comply with the local laws for any area that their ads target," Google said in a statement. "This policy will apply globally to all accounts that advertise these financial products."


Cryptocurrencies have rallied Wednesday, with Bitcoin currently trading near $37,000 per coin, and rivals Ethereum and Dogecoin trading near $2,700 and 40 cents per coin, respectively, according to prices tracked by Coindesk.

Newsletter

Related Articles

Arab Press
0:00
0:00
Close
Emirates Airline Expands Market Share with New $20 Million Campaign
Robots Compete in Football Tournament in China Amid Injuries
China Unveils Miniature Insect-Like Surveillance Drone
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Iran Executes Alleged Israeli Spies and Arrests Hundreds Amid Post-War Crackdown
Trump Asserts Readiness for Further Strikes on Iran Amid Nuclear Tensions
Qatar Airways Clears Backlog of Passengers Following Missile Threats
Iran's Parliament Votes to Suspend Cooperation with Nuclear Watchdog
Trump Announces Upcoming US-Iran Meeting Amid Controversial Airstrikes
Trump Moves to Reshape Middle East Following Israel-Iran Conflict
NATO Leaders Endorse Plan for Increased Defence Spending
U.S. Crude Oil Prices Drop Below $65 Amid Market Volatility
“You Have 12 Hours to Flee”: Israeli Threat Campaign Targets Surviving Iranian Officials
Oman Set to Introduce Personal Income Tax, First in Gulf
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Trump Praises Iran’s ‘Very Weak’ Response After U.S. Strikes and Presses Israel to Pursue Peace
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Pakistan to nominate Trump for Nobel Peace Prize.
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
G7 Leaders Fail to Reach Consensus on Key Global Issues
Mass exodus in Tehran as millions try to flee following Trump’s evacuation order
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Netanyahu Signals Potential Regime Change in Iran
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
Energy Infrastructure Becomes War Zone in Middle East
Iran Conducts Ballistic Missile Launches Amid Heightened Tensions with Israel
Iran Signals Openness to Nuclear Negotiations Amid Ongoing Regional Tensions
Shock Within Iran’s Leadership: Khamenei’s Failed Plan to Launch 1,000 Missiles Against Israel
UK Deploys Jets to Middle East Amid Rising Tensions
Exiled Iranian Prince Reza Pahlavi Urges Overthrow of Khamenei Regime
Wreck of $17 Billion San José Galleon Identified Off Colombia After 300 Years
Iran Launches Extensive Missile Attack on Israel Following Israeli Strikes on Nuclear Sites
Israel Issues Ultimatum to Iran Over Potential Retaliation and Nuclear Facilities
Coinbase CEO Warns Bitcoin Could Supplant US Dollar Amid Mounting National Debt
Trump to Iran: Make a Deal — Sign or Die
Operation "Like a Lion": Israel Strikes Iran in Unprecedented Offensive
Israel Launches 'Operation Rising Lion' Targeting Iranian Nuclear and Military Sites
Israeli Forces Intercept Gaza-Bound Aid Vessel Carrying Greta Thunberg
×