Bing is latest to ban cryptocurrency ads

Bing is latest to ban cryptocurrency ads

The move comes after Google, Facebook and Twitter all made a decision to ban crypto and ICO-related ads on their platforms.

"To help protect our users from this risk, we have made the decision to disallow advertising for cryptocurrency, cryptocurrency related products, and un-regulated binary options", wrote Melissa Alsoszatai-Petheo, advertising policy manager at Microsoft, in a blog post.

Bing, a search engine powered by tech giant Microsoft, has recently joined Google, Facebook, and Twitter in banning cryptocurrency-related ads from its platform.

The updated financial products and services policy will go into effect globally in June, and enforcement will roll out in late June or early July.

"We keep on evaluating our policies to ensure safety and a good engagement among our Bing users and the digital advertising ecosystem. Since cryptocurrency unregulated, they pose an elevated risk to Bing users and the general internet users with the potential for bad actors to engage in bad behavior or even scam consumers". The banning includes cryptocurrencies, crypto-related products, and unregulated binary options.

Digital currencies - together with related products and services - is among other legally questionable business opportunities on the ban list of Microsoft, such as pyramid schemes, Ponzi schemes, and investments that rely on adding users to a scheme.

Bing's official stance is similar to other companies that have Banned Crypto Ads. Facebook became the first social media platform to ban ads for cryptocurrencies in January of this year. Just last week, Facebook announced a new Blockchain department with rumours of the company launching their own Cryptocurrency. Though the companies have banned ads, CEO of both Facebook and Twitter embrace Crypto. In March, Google announced a ban that comes into force in June.

Related News:

  • Netflix's

    Netflix's "Sense8" trailer teases an emotional finale

    The episode's trailer is here to hit you right in the feels and give you a glimpse of what awaits you this summer. Are you looking forward to the Sense8 finale? "(I could kiss every single one of you!).
    Next Star Wars Spinoff Announced

    Next Star Wars Spinoff Announced

    She recently told French magazine Premiere that giving Calrissian a spin-off movie is certainly something she's thought about. The publication quoted Kennedy stating that Lando's story would be the next one to be told in the franchise.
    Ocado entering United States  market through technology deal with Kroger

    Ocado entering United States market through technology deal with Kroger

    As part of the deal, Kroger is pay GBP183m (US$247.5m) for a 5% stake in the London-listed, online pure-play. Shares rocketed by almost 37 per cent in early trading, and were up by 33 per cent at the time of writing.
  • Netflix Will Split 'Arrest Development' Season 5 into Two Parts

    Netflix Will Split 'Arrest Development' Season 5 into Two Parts

    But fans of the series won't be able to watch all 16 episodes when the season drops on May 29 , unfortunately. Arrested Development Season 5 will land - the first half of it, anyway - on Netflix Tuesday, May 29th.
    JC Penney (JCP) Posts Quarterly Earnings Results, Misses Expectations By $0.02 EPS

    JC Penney (JCP) Posts Quarterly Earnings Results, Misses Expectations By $0.02 EPS

    The stock is now showing up return of 5.05% throughout last week and witnessed decreasing return of -7.32% in one month period. Going move backward a period of six month analysis we come to know that stock soared 4.07% giving rising alert for Investors.
    Why unemployment figure is bad news for getting a pay rise

    Why unemployment figure is bad news for getting a pay rise

    So if you already have a job and are holding out for a wage increase these figures show you will be waiting a lot longer. That means employers have greater control of pay levels.
  • Obama FBI 'Probably' Had a Spy Inside Presidential Campaign

    Obama FBI 'Probably' Had a Spy Inside Presidential Campaign

    On Thursday, the President suggested that the " Obama FBI" had embedded an informant within his campaign in 2016. He added: "We're going to have to look into whether we can challenge the legitimacy of the entire investigation".
    Super Eagles maintain 47th position in May — FIFA ranking

    Super Eagles maintain 47th position in May — FIFA ranking

    In Africa, Senegal broke into the top 50 in the world as they moved up one place, joining Ghana in the same position. Argentina, favourites in Group D, are 5th in the World, while Croatia and Iceland are 18th and 22nd respectively.
    Balarabe-Musa, Junaid, condemn Buhari's anti-corruption fight

    Balarabe-Musa, Junaid, condemn Buhari's anti-corruption fight

    We have recovered funds in different currencies and, so far, we have recovered more than N500 billion . I mean, if you saw the crowd that welcomed the President without the former governor, Kwankwaso.
  • 'Horrific' school bus crash in New Jersey

    'Horrific' school bus crash in New Jersey

    Several people were seriously injured in a school bus crash on a New Jersey highway on Thursday morning, the state police said. The school bus was carrying students from Paramus Middle School who were on a field trip to Waterloo Village.
    Apple's proposed North Carolina campus is nearly  a 'done deal'

    Apple's proposed North Carolina campus is nearly a 'done deal'

    In response, state lawmakers are preparing to change the law to offer incentives to companies who choose North Carolina. This means that 20,000 new jobs will be created by Apple which is indeed a good thing for the United States economy.
    Crude Oil Recovers Early Losses

    Crude Oil Recovers Early Losses

    The commodity was helped by U.S. data which showed that the drop in crude inventories was smaller than expected. This was followed by CNBC and Oil Price Information Service's (OPIS) Tom Kloza calling for the same.


Most liked

The Arrow-verse Is Finally Embracing Batman's Mythos By Introducing Batwoman
In the modern era, her legacy is taken up by the army brat Kate Kane, a lesbian expelled from West Point due to her sexuality. Let the speculation begin as to which version of Batwoman they're going to go with for the Arrowverse .

Call of Duty: Black Ops 4 Cover Art Leaked
For most Call of Duty games, only an average of 20 to 30 percent of players actually completed the campaign. Outside of a few teases, Activision hasn't revealed many solid details about Black Ops 4 .

A Tiny Satellite Headed to Mars Looks Back at Earth
Later this month, NASA said, the MarCOs will attempt the first trajectory correction maneuvers ever performed by CubeSats . This "family portrait" captures Neptune, Uranus, Saturn, Jupiter, Earth and Venus from Voyager 1's unique vantage point.

Congress To Demand The "Karnataka Model" In Goa, Manipur, Meghalaya
The Congress now has 16 members in the Goa Assembly as one of its legislators Vishwajeet Rane joined the BJP previous year . In protest, we would be holding a day-long dharna on Friday.

Nation observes first of Ramazan with religious fervour
The meeting was held at the main office of the Meteorological Department where evidence of moon sighting was collected. Scores of Islamic faithful usually commemorate the month-long period with dawn-to-dusk fasting and prayers.

Want to Play 'Super Smash Bros.' at E3? Reserve a Ticket Beforehand
Fans looking to attend E3 2018 to play one of Nintendo's most anticipated Switch games will have to register ahead of the show. You can reserve a "for fun" ticket to play casual matches, or a "for glory" ticket that puts you in a more competitive match.

Google's Wifi router will soon speed-test all your smart-home devices
However, with this change, you'll be able to see just how fast your Google Home or Wear OS device is running when on your network. The official Google Wifi app has been finally updated to support the not-so-new iPhone X .

ABC Fall Lineup 2018 TV Schedule and New Shows Lineup Announced!
However, ABC nixed the show ( Fox picked it up), possibly leaving egg on Dungey's face in light of Roseanne's success. Originally, ABC ordered nine episodes for the revival, a number they've since upped to 13 for the fall.

Harry Styles' life becomes a sitcom
Styles and Winston are now using it as inspiration for a sitcom they will executive produce on CBS called Happy Together . Already the stars believe Harry will play an integral role as executive producer.

BS Yeddyurappa called to form Govt in Karnataka
If Congress wins the remaining four, the combine will have 115 seats, enough for a majority. "I am warning them, we will face it". Kumaraswamy, on the other hand, trained his guns firmly on the BJP and Prime Minister Narendra Modi .

European Union accused of 'interfering' in Italian politics
Mr Di Maio took aim at the UK's Financial Times for a story headlined " Rome opens its gates to the modern barbarians ". Five Star and The League once sought to leave the European Union and return to Italy's old currency, the lira.

Urban expansion in Nigeria will rise by 35% between 2018 and 2050
Megacities are those with more than 10 million inhabitants and the reports says a lot of them would be in developing countries. Urbanization will lead to a decline in Russia's rural population from 36.8 million to 22.1 million.

Backstreet Boys Return Today With New Single
The song is called " Don't Go Breaking My Heart " and no, it's not a cover of Elton John's duet with Kiki Dee . just so you know. About the song, the boyband's Kevin Richardson says: "The minute we heard this song we knew it was special".

Director's Take: The Evolution of Alia Bhatt, the Actor
After her breakthrough act in " Udta Punjab ", the actress is back with a gritty narrative in Meghna Gulzar's " Raazi ". It gets really hard for me to take out time for her and I feel really bad about that.

Salman Khan resembles Vin Diesel in Race 3
Jacqueline looks as sexy as ever wearing a white bralet paired with a white shrug and hot trousers . The makers have released the Hiriye teaser and the full song will be out tomorrow (Friday, May 18).