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Media reports that it plans to ban the advertising of cryptocurrencies in subscription on Netflix

  • September 6, 2022
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Streaming service Netflix will ban the promotion of cryptocurrencies in its new tariff plan with ads. The Sydney Morning Herald writes about it, citing sources. According to them,

Streaming service Netflix will ban the promotion of cryptocurrencies in its new tariff plan with ads. The Sydney Morning Herald writes about it, citing sources.

According to them, the restrictions will also affect videos about politics and gambling. The interlocutors of the publication added that the company is exploring the possibility of banning drug advertisements.

In April, Netflix announced it was launching a cheap subscription with support for shared videos. Service representatives explained the decision with the need to increase revenues in response to a decline in subscriber numbers.

In July, online cinema announced that the tariff would be launched in partnership with Microsoft. According to The New York Times, Netflix originally planned to launch the new version of the subscription in early 2023, but allegedly delayed the deadline to November 1, 2022. It will be available to viewers in many countries, including the USA, Canada, the UK, Germany, and France.

“We are still in the early stages of deciding how to launch a cheaper option. [подписки] It is ad-supported and no decision has been made yet. At the moment these are just assumptions,” a service representative told the broadcast.

In June 2018, Google banned ads for cryptocurrencies and related content. Later, it became possible to promote cryptocurrency exchange services in the USA and Japan, but only by certified companies.

In the summer of 2021, the search giant lifted restrictions and allowed it to advertise cryptocurrency exchange and digital wallet services for US users.

That same year, Meta changed its digital imaging policy to be more transparent and business-friendly.

Recall that in July 2022 it became a UN member organization. UNCTAD He urged the authorities of countries with emerging economies to limit or ban the advertising of cryptocurrencies.

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Source: Fork Log

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