FIRST AIRED: March 14, 2018

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00:00:00
>> BitCoin getting clobbered on Wednesday after Google announced it was banning all ads having anything to do with Cryptocurrencies. The move, part of a larger crackdown. Earlier this year, Facebook announced a similar ban meaning the digital currency sector will be losing access to the Web's biggest ad networks.
00:00:22
Reuters' reporter Paresh Dave is on the story.>> Google has said for weeks that they've been taking down cryptocurrency ads that are misleading and potentially deceptive. But I think they're going a step further because there's a lot of regulatory uncertainty throughout the world. There's lawmakers questioning the validity of these types of new forms of currency.
00:00:46
The companies have seen enough out there to go ahead and ban all sorts of cryptocurrency ads.>> BitCoin fell 10% after Google's ban on Wednesday. It's been struggling to recover from a peak price of almost $20,000 in December. The price for a BitCoin now around $8,000.