Google banning cryptocurrency ads

Google is the latest company to crack down on advertising for cryptocurrencies.

The search giant said Tuesday it will revise its ad policies in June to restrict ads for cryptocurrencies and related information, such as initial coin offerings, cryptocurrency exchanges and wallets and cryptocurrency trading advice.

Google's ban comes as bitcoin and other cryptocurrencies still struggle with fraudulent activity and illegal transactions, such as one ICO from the startup Prodeum that apparently resulted in the company taking off with investors' mone