The restrictions will require advertisers to be certified by Google before they can advertise through the web giant’s AdWords service.<\/p>\n
Google’s parent company Alphabet reported revenues of more than $110bn in the fiscal year 2017, the overwhelming majority of which was generated by advertising.<\/p>\n
However, in the face of criticism of particular services and the threat of regulation, the company seems to be clamping down on a number of controversial schemes.<\/p>\n
Earlier this month, Mark Carney, the governor of the Bank of England, warned that Bitcoin faced a regulatory crackdown, stating that the time had come to “regulate elements of the crypto-asset ecosystem to combat illicit activities.”\u00a0<\/p>\n
Among the products being restricted are cryptocurrencies and related content, including initial coin offerings, cryptocurreny exchanges, wallets and trading advice services.<\/p>\n
Last September, the US securities regulator\u00a0issued its first fraud charges<\/a><\/strong>\u00a0in connection with the practice of initial coin offerings – a controversial method of raising capital by creating coins or tokens using the blockchain technology which underpins Bitcoin.<\/p>\n Binary options trading is also being targeted, following the release of figures from Action Fraud that showed victim’s losses in Britain\u00a0have risen by 400,000% in six years<\/a><\/strong>.<\/p>\n In January, figures revealed that losses rose from \u00a36,200 in 2012, to \u00a327m in 2017 alone, with the total currently standing at \u00a361m.<\/p>\n Adverts for aggregators and affiiliates that are also being targeted include:<\/p>\n ::\u00a0<\/strong>Contracts for Difference The restrictions are set to begin in June 2018, and advertisers can request certification starting now.<\/p>\n Source:\u00a0news.sky.com<\/p>\n
\n::\u00a0<\/strong>Rolling spot forex
\n::\u00a0<\/strong>Financial spread betting
\n::\u00a0<\/strong>Binary options and synonymous products
\n::\u00a0<\/strong>Cryptocurrencies and related content.<\/p>\n