Bing forbids cryptocurrency ads

Recently the Bing search engine, which has 1% in the search market, has announced that it will prohibit cryptocurrency or related ads in its search engine.

The initiative is born from an absence of regulation in this type of assets, have said from Bing. According to Bing’s advertising department, this type of advertisement represents a ” danger ” for the user, said Bing Ads advertising policy manager Melissa Alsoszatai-Petheo .

In this way, they have referred in the official press release.

We are always evaluating our policies to ensure a safe and attractive experience for our Bing users and the digital advertising ecosystem. Because cryptocurrency and related products are not regulated, we have found that they present a high potential risk to our users, with the potential for bad actors to engage in predatory behavior, or otherwise defraud consumers.

To help protect our users from this risk, we have made the decision not to allow the publicity of cryptocurrencies, products related to cryptocurrencies and unregulated binary options. Bing Ads will implement this change in our financial products and services policy worldwide in June, and will be implemented in late June through early July.

Bing Ads joins Facebook and Facebook , which announced the cessation of their platforms for cryptocurrency or derivative advertising.