Google Terminates AdSense Accounts in Russia, Citing ‘Ongoing Developments’

Google (Nasdaq: GOOG) announced last week that it will deactivate all Russia-based AdSense accounts. This decision, which the tech giant attributes to “ongoing developments in Russia,” in effect ends the ability of Russian creators to monetize their content through Google’s advertising platforms.

Scheduled for August 2024, the shutdown is the latest escalation in Google’s response to Russia’s war in Ukraine. Since February 2022, Google has implemented various restrictions on Russian-based advertising, including pausing monetization of state-funded media, temporarily halting all ads in the country, and blocking the creation of new Russia-based AdSense accounts, and blocking over 1,000 YouTube channels and 5.5 million videos.

This move is expected to impact Russian content creators, particularly YouTubers. Russia ranks second globally in YouTube web traffic, suggesting that many Russia-based creators may lose significant revenue streams. The final payouts for affected accounts are scheduled between August 21 and 26, 2024, provided there are no payment holds and minimum thresholds are met.

While Google has not provided specific reasons for this decision, Ars Technica notes that it may be influenced by recent Russian legislation. In March, Russia passed a law banning advertising on online platforms published by “foreign agents,” which could include anti-Kremlin politicians, activists, and media outlets.

Related: Venezuela, Russia Block Encrypted Messaging App Signal

Some speculate that the shutdown might be related to users bypassing payment blocks imposed by Western sanctions on Russian banks. Google, however, has not confirmed this.


Information for this story was found via Reuters, and the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Goliath Resources Hits 10.60 g/t Gold Over 22.82 Metres, Highest Grade Results In Third Distinct Rock Package At Surebet Discovery

Four Countries Control the Fertilizer That Feeds the World | Sage Potash

$10,000 Gold Is Just A Question of Time | Florian Grummes

Recommended

First Majestic Encounters 711 g/t Silver Equivalent Over 8.0 Metres In Ongoing Exploration At Los Gatos

Silver47 Samples 44.5 g/t Gold, 3,037 g/t Silver & 8.56% Copper At Kennedy Project In Nevada

Related News

Coinbase Bans 25,000 Russian-Owned Crypto Wallets

Major cryptocurrency exchange Coinbase (NASDAQ: COIN) has blocked tens of thousands of Russian wallet addresses...

Tuesday, March 8, 2022, 02:44:00 PM

Justin Trudeau Concludes Europe Visit, Imposes Even More Sanctions Against Russia

Canadian Prime Minister Justin Trudeau finally completed his Europe visit, and it appears that Russia’s...

Saturday, March 12, 2022, 11:10:00 AM

New Google Street View-Like Project Shows How the War Has Destroyed Ukraine

A collective of Ukrainian organizations marked the anniversary of Russia’s invasion of Ukraine through a...

Monday, March 27, 2023, 05:21:00 PM

White House: Oil Companies Have A “Patriotic Duty” To Increase Production

The White House continues to go after oil refineries, pointing out that they a patriotic...

Thursday, June 16, 2022, 01:30:00 PM

Ukrainian Drones Are Causing Trouble at Russia’s Oil Refineries

In a series of daring strikes, Ukraine has launched heavy drone attacks on multiple Russian...

Tuesday, March 19, 2024, 09:54:32 AM