Netflix bans ads for cryptocurrency
The content site is one of the sites that provide the service of answering general questions and solving puzzles and crossword puzzles
Where the content site is primarily interested in answering your questions in all areas, including solving puzzles and crossword puzzles
Answer Netflix bans ads for cryptocurrency
According to a report by the “Sydney Morning Herald”, the American video-streaming giant, Netflix, has decided to ban ads for cryptocurrency and gambling on the lowest-cost subscription category that is supposed to be published later this year.
The report, which cited anonymous sources, says that Netflix plans to impose restrictions on policy and pharmaceuticals.
Netflix has previously announced the launch of the new subscription advertising system, which will be launched earlier than expected in order to compete with Disney +, which is also preparing to support ads.
The much-anticipated Netflix service will launch in Australia, Canada, the United States and Germany on November 1.
The cheapest level of the streaming service, “Netflix”, will cost $7, and a final decision has not yet been made.
Read:SEC Postpones Decision on VanEck’s Bitcoin ETF Implementation…Details Here
In July, Netflix announced that it had signed a partnership with tech giant Microsoft to develop its ad-supported level.
The deal is believed to have serious implications for the company’s future.
The broadcasting giant, which has so far launched a cheaper plan with ads, has revised its strategy as it lost more than 1 million subscribers in the second quarter.
In the first quarter of 2022, Netflix faced its first subscriber decline in nearly a decade.
The company is struggling to compete with leading competitors like HBO Max and Disney+.
Paramount, also one of Netflix’s main competitors, has already adopted a hybrid subscription with ads.
As a reminder, TikTok influencers were banned from promoting cryptocurrency in early July 2021.
Read:Korean authorities freeze $39 million in cryptocurrency linked to Do Kwon
Meta (formerly Facebook) also banned crypto-related ads in January 2018, before reversing its stance.
Binance limits USDC support with BUSD automatic conversion feature…Details here
Ethereum mining revenue drops dramatically…Details here
And you can ask questions on the content site through the word “Ask a question” at the top of the site, where we answer your questions in a short time