Yahoo Finance has recently been criticized for allegedly excluding press releases from crypto companies. The controversy came to light when BTCS Inc. (Nasdaq: BTCS), a blockchain technology-focused company, discovered that its press releases were not appearing on Yahoo Finance despite being distributed through major wire services.
Other crypto-focused companies, including Marathon Digital Holdings, Riot Platforms, Strategy, Bitfarms, CleanSpark, TeraWulf, and Argo Blockchain, have also reportedly been unable to get their announcements displayed on the platform. Publicly listed crypto companies banned from Yahoo Finance now represent over $212 billion in combined market capitalization.
BTCS initially believed the issue might be a technical glitch or an oversight. However, when it sought clarification from GlobeNewswire—one of the primary press release distribution services used by publicly listed firms—it learned that Yahoo Finance had evidently chosen not to display these crypto-oriented announcements.
GlobeNewswire confirmed that the platform had not provided an official explanation or policy statement to justify the block:
“Unfortunately, Yahoo Finance maintains a policy of not publishing crypto-related news or announcements. This policy is consistent across the industry and applies to all crypto-focused topics, including blockchain-related events such as the fireside chat described in this release.”
Charles Allen, CEO of BTCS, said:
“We believe Yahoo Finance is systematically excluding all press releases from publicly traded blockchain companies, effectively censoring content from an entire industry. Shareholders rely on credible, authoritative sources like Yahoo Finance for timely and accurate information.”
Allen also insisted on the importance of fair coverage, noting:
“It is vital that such platforms maintain open and transparent channels of communication, ensuring that all parties in the investment community can equally benefit from timely and comprehensive news.”
At this stage, it appears that the decision to exclude blockchain-related press releases lies primarily with Yahoo Finance, even though there has been no official confirmation or denial of any policy specifically targeting the crypto sector.
Because the First Amendment in the United States generally allows private media outlets wide leeway in deciding what content they publish, there is scant evidence that Yahoo Finance is breaking any federal laws. The onus of Regulation Fair Disclosure (Reg FD) rests on publicly traded companies rather than news aggregators, who typically have the freedom to feature or omit content at their own discretion.
Consequently, if Yahoo Finance wishes to curtail or omit crypto-related releases without announcing a formal policy, there is little legal recourse for those excluded, so long as the companies can still distribute their news widely elsewhere.
Still, the alleged block on press releases could disadvantage ordinary investors, especially those relying on Yahoo Finance’s feeds for real-time information. This is a surprising development because blockchain and digital assets are increasingly moving into mainstream finance.
Publicly traded crypto companies are becoming a significant force in the market, representing a growing sector that arguably warrants the same level of visibility as more traditional industries. An undisclosed exclusion of press releases may steer investment sentiment or create an uneven playing field for issuers, although no official accusations of market manipulation have been levied.
Yahoo Finance has not released any statement so far to address BTCS’s claims or similar complaints from other crypto companies. For its part, BTCS continues to distribute its press releases via recognized channels and is urging the platform to clearly explain why updates from blockchain enterprises appear to be singled out.
Echoing the frustration of many in the sector, Allen argues that preventing key industry updates from reaching a prominent resource for financial information has consequences that extend far beyond any single company. He emphasizes that investors in blockchain—and crypto-focused companies deserve access to vital, real-time disclosures through the same widely recognized channels that cover traditional equities.
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