Bitcoin price drops after Google announces ban on cryptocurrency ads
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The CEO of the high quality replica handbags UK arm of Coinbase, one of the largest bitcoin exchanges, said Google decision was a positive development that would not dampen demand, although he viewed the ban as too widespread. It should be narrowed down to companies that pitch cryptocurrencies as investments promising a return, Zeeshan Feroz told Reuters.
The price of bitcoin traded on the Luxembourg based Bitstamp exchange fell almost 10 percent to $8,201, the lowest since Feb. 12. It was last down 8.7 percent at $8,337.51
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Google also cheap replica handbags said on Wednesday it would stop ads for financial products like binary options and synonymous products, contracts for difference, rolling spot forex and financial spread betting.
Companies wanting to promote those products would need to be registered with the relevant financial regulators before they could advertise again.
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