GOOGLE NOW ACCEPTS CRYPTO ADVERTS by E. Okorie, 06th of August , 2021
Google - the number one giant in advertising and search engine in the world - now accepts some Crypto related adverts. According to the new google policy update , google now accepts crypto exchange and wallets adverts that targets the United States region as long as it complies with the rules and regulations stipulated on their policy.
Also advertisers needs to be certified by Google. To be certified by Google, the advertiser must complete a simple requirement. This includes: Registering with the Financial Crimes Enforcement Network or Must be a Federal/ State chartered bank, and must comply with legal requirements. Furthermore, their landing page must adhere to Google's advertising policies.
This new development has a bullish sentiment on the price of bitcoin. An upward break of the current resistance level of $42,100 level could make bitcoin hit the next resistance level of $45,000 and subsequently $55,000 benchmark.
Although, Google still ban ICOs - i.e Initial Coin Offerings-, DeFi trading protocols, or otherwise promoting the purchase, sale, or trade of cryptocurrencies or related products, nevertheless this new policy is a positive acceptance on cryptocurrency and shows that bitcoin is actually okay to use.