Canadian Regulators Call on Google to Ban Ads for Crypto

The chairman of Canada’s Binary Option Task Force, Jason Roy, inspired by Facebook policy, wants Google to ban ads for cryptocurrencies and ICOs  
07 February 2018   532

Canadian regulators are very pleased with Facebook’s decision to ban ads for crypto and ICO’s. According to Jason Roy, the regulators have already contacted Google representatives to establish a procedure.

The reason is that ads of these types can make people victims of fraud due to increasing numbers of different ICOs and new cryptocurrencies, appearing  on the market. Sometimes people stumble across ICOs which are raising large amounts of money, but have nothing behind them.

Jason Roy believes that Google should enact a similar policy as Facebook did, and ban ads for binary options, ICOs and cryptocurrencies, claiming that such ads are “frequently associated with misleading or deceptive promotional practices”.

Unfortunately, there are some companies who are advertising binary options, ICOs  and cryptocurrencies, that are not currently operating in good faith. The Facebook’s position is to help people to continue to discover and learn about new products and services through Facebook ads without fear of scams.

The Google’s spokeswoman Roni Levin stated that Google already bans misleading ads across all categories.

Australia joins the crypto-discussions arena with Bitcoin & Blockchain Fair

The inaugural Bitcoin and Blockchain Fair will be presented at the Sydney Showgrounds on May 12-13 with an all-round program about cryptocurrency and blockchain
21 April 2018   44

A high profile event in cryptocurrency and blockchain is coming to Sydney, Australia on May 12-13 – Bitcoin and Blockchain Fair. The conference will provide a platform to interact and discuss on all areas of the cryptocurrency and blockchain technology sectors (fintech, investment, venture capital, regulation, ICO, etc.), current opportunities and perspectives in the form of a Forum and an Exhibition Showcases.

The Exhibition Showcase that will allow to exhibit showcases and engage with crypto services providers, government and fintech startups. Forum is the bulk of the conference and is comprised of 2-day sessions to allow international speakers and industry leaders of the crypto and blockchain sectors a chance to share their expertise. May 12 is focusing on cryptocurrency and ICO engagement; May 13 wil cover blockchain technology overview, case studies, solutions and future trends.

The fair is organized by ABF Business and Principal Sponsor Coinspot. Exhibitors and Speakers include attendees from Asia, Europe and USA together with key Australian high profile crypto & blockchain enterprises. The full agenda of the event can be found here.