After news that Facebook was allowing the Coinbase platform to place digital currency ads on its platform, rumors of social networking platforms like wildfire spread that Google had lifted the ban on these digital ads.
A user in Reddit called 'thekcoinz' posted an image that showed the Coinbase ad at the top of the search results page for the term "bitcoin." Google has denied all these allegations. They were asked on Twitter about that, and their response was to say that ads promoting digital currencies and related content were not allowed on the giant search engine.
In March of this year, Google announced that it would block all digital currency-related ads from June 2018. This was in accordance with the recently updated financial products policy by Google, which stated that no advertising (Including, but not limited to, ICOs announcements, FX platform announcements, digital portfolios, and trading tips).
Although Google is often referred to as a "do not be evil" philosophy, the company is still unfair about the digital currency sector. Interestingly, while Google continues to stay away from commenting on digital currencies, it was interested in working with Vitriol Potrin, the co-founder of the Atheerium network, who shared a Twitter image of the email he received from Google. "Should I leave Atheerium I go to work for Google? "
Because of this, many have accused Google of having "double standards" - showing interest in working with the best digital currency experts in the world, but still imposing a ban on advertising on those currencies.
However, Google is keen to use plucchin technology. I recently collaborated with Digital Asset and BlockApps to provide enterprise-wide solutions.