YouTube Clarifies New Policy: Not Banning All Cryptocurrency Content, Only Targeting Gambling

BlockBeats News, November 6. According to Decrypt, YouTube recently announced that it will expand its ban on online gambling content, prohibiting creators from directing viewers to websites offering "additional items with monetary value" (including game skins, cosmetics, and NFTs). This policy will take effect on November 17.

This announcement has sparked strong reactions in the crypto community, with many creators concerned that this will lead to a blanket ban on crypto content on YouTube, especially crypto gaming content. However, a YouTube spokesperson has confirmed that this is not the case.

The Google-owned company stated: "Content showcasing in-game skins or cosmetics, or discussions around items that have real-world value (such as NFTs), will not be affected by this update."