• November 30, 2023


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Google Records Drop in Crypto Advertising Revenue in Q3 2022

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Google lifted the ban on publishing content promoting investments in digital currencies in August last year.

Exchanges and startups that provide services for the storage and exchange of digital currencies began to place crypto advertisements. However, due to the dominance of bearish sentiment in the crypto sphere, Google’s digital currency advertising revenue has dropped significantly in the third quarter of 2022.

According to CNBC, the company’s revenue from the publication of advertising content decreased by 6%, which is the biggest collapse since 2013.