Google shuns ICO-related ads on their AdWords platform

Reports have surfaced about Google not approving or outright suspending cryptocurrency-related ads on AdWords
12 March 2018   164

In the wake of Facebook banning ICO advertisements on its platform many companies in the field of Initial Coin offering faced decreased views. It made a significant impact on the sales in the first weeks, but slowly things got back on track. And now the report from users are suggesting the same practice has been adopted by Google on their AdWords platform.

The report from people in the industry say that they are getting a lot less clicks (99% reduction, as said) and views from their cryptocurrency and blockchain-related ads on Google and at the same time this happened, Google started sending suspensions and limited approval for the ICO campaigns.

Apparently all this is connected to Canadian Binary Option Task Force. Jason Roy, the senior investigator at the Manitoba Securities Commission and Chairman of BOTF, openly stated, that they approve Facebook's ban on ICO-related ads and dropped the hints, that they have contacted Google with request to adopt the similar policy.

While true, that there has been a rise in cryptocurrency-related startups, it's a rather effective scheme of shielding customers from numerous fraudulent ICO. People are so hyped, Roy says, that they are throwing money at anyone who promises them insane profits, but in fact lots of ICO don't have anything behind them on technical side of things. So, Canada's Binary Option Task Force and FBI have pressed Facebook into removing such advertisements altogether, so no unsuspecting users would fall victim to the scammers. And now, authorities hope for the similar policy to be enacted and wait for Google to officially respond to their demands.

Qvolta is launching its platform

Qvolta announced its platform release date of April 2 that will feature a full-fledged version of a web platform
24 March 2018   39

Qvolta platform has set its release date to April 2. The release is in accordance with the roadmap of the platform and will include a fully functional version of the web platform. The developers team is currently performing various tests and making final amendments to ensure the proper functionality. This desktop client is in alpha stage. A mobile app for secure authorizations is out and it is the native solution for security without intermediaries.

Qvolta is a P2P exchange platform solution that focuses on the capability of trading Bitcoin and Ethereum for fiat currencies and vice versa. And such functionality is provided through local payment methods. Since centralized exchanges become the target of serious scrutiny of regulators, cryptocurrency platforms that allow trading P2P or in fully decentralized fashion are getting more necessary.

As of the moment of the publication, the market parameters of Qvolta are as follows:

Average price: $0.390836

Market cap: $2,712,466

Volume (24h): $6,171