Why is Google allowing crypto ads ?

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achiever2011

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What forced Google to allow crypto ads ? Are they facing monetary loss ?
 
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Why not? They are one of the biggest companies to have multiple sources of money. Why would they not expand their customer based and allow more people to pay for it? Also, since its nochargeback on crypto funds, its more secure for them than anyother means of payment. I'm sure, they are going to give dedicated coupons to people who use crypto.
 
They are indeed allowing crypto ads but not everyone will get approved for their ad system. It's gonna be strict as hell
 
Coz they will make a profit. I guess they welcome any ad as long as one is willing to pay
 
They afraid to lose clients to their competition more then they afraid to lose money.
 
Eligibility: Not everyone will be able to run these ads. You’ll only get access if you target the United States. You will also need to:

  • Be registered with FinCEN as a Money Services Business and with at least one state as a money transmitter, or:
  • Be registered with a federal or a state chartered bank entity
In addition, you need to comply with relevant state and federal requirements. It goes without saying that the barrier to entry will be high.
 
There are lots of businesses advertising crypto products like exchangers. They would make lots of $$$ with it.
 
they already lose huge, some crypto ads company already gained the market and its the big pain for adwords
 
Why shouldn't it? It's another source of revenue
 
TheVigilante said:
Eligibility: Not everyone will be able to run these ads. You’ll only get access if you target the United States. You will also need to:

  • Be registered with FinCEN as a Money Services Business and with at least one state as a money transmitter, or:
  • Be registered with a federal or a state chartered bank entity
In addition, you need to comply with relevant state and federal requirements. It goes without saying that the barrier to entry will be high.
Click to expand...
May be just saving them from backlash by using these conditions.
 
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