Google’s Crypto Advertising Revenue Falls in Q3
Google lifted the ban on publishing content promoting investments in digital currencies in August last year.
Since then, exchanges and startups that provide services for the storage and exchange of digital currencies have been placing crypto-related advertisements on the platform. However, due to the dominance of bearish sentiment in the cryptocsphere, Google’s digital currency advertising revenue has dropped significantly in Q3 2022.
According to CNBC, the company’s revenue from the publication of advertising content decreased by 6%, which is actually the biggest fall since 2013.