YouTube cracks down on crypto content in the wake of new regulations
The recently updated YouTube community guidelines caused a stir on the platform, causing its creators to protest en masse against the overly restrictive and secretive rules. The first ones that were hit by the new guidelines were conservative creators that dabble in politics but were closely followed by the pro-LGBTQ+ creators.
And while many other channels took a hit having their content either restricted or banned, few expected the new rules would roll over to the crypto-related content on the platform. Chris Dunn, a venture partner at NextGenVP and one of the most popular crypto creators on YouTube, said many of his videos were removed from the platform.
On Dec. 23, Dunn tweeted:
“.@YouTube just removed most of my crypto videos citing “harmful or dangerous content” and “sale of regulated goods”… it’s been 10 years of making videos, 200k+ subs, and 7M+ views. WTF are you guys doing @TeamYouTube?!”
According to the screenshots of his strikes, YouTube said his video titled “How I’m Investing Right Now” was removed because it violated its “harmful and dangerous policy.” The strike will prevent Dunn from uploading, posting, or streaming for a week.
YouTube labels cryptocurrencies as “harmful” and “dangerous” content
Dunn’s isn’t an isolated case, either. Just a day earlier, Josh Centers, the managing director of TidBITS, said his video criticizing Coinbase‘s verification process has been removed under the same policy Dunn’s videos got restricted. He tweeted: