Twitter Planning to Ban Cryptocurrency Ads Following Up Latest Movements

Twitter Planning to Ban Cryptocurrency Ads  Following Up Latest Movements

The famous and much used social network Twitter is reportedly preparing to terminate and ban and ICO, Token Sale or cryptocurrency related advertisements.

Very similar to the latest moves that Google and Facebook have made, twitter is planning out to ban crypto-ads on its platform. The new policy is written down to go live in about two weeks as reported by Sky News without giving any more details or the source of the data and information.

Concluding from the other two digital giants, the newrule will ban initial coin offering ads, wallet-ads and token sale related ones.The reasoning behind Twitters decision is unclear. Other companies imposing restrictions on crypto content have cited concerns over illicit activities and fraudulent ads.

The released report, however, points out that there is alimited exception list in regard to trading exchanges. But as mentioned, no confirmation of the change is yet made.

The news is coming, as many would conclude, in a very bad time. The cryptocurrency ecosystem is already undergoing regulatory pressure and similar decisions made by Facebook and the biggest global search engine Google. The announcements, as supported by many analysts, are impacting the prices and tanking them towards lower dips.

In January, Facebook rolled out its ban claiming that the development and decision came after many persistent complaints by its users about fraudulent crypto-ads and spam.More recently, Google announced its plans torestrictads of cryptocurrencies and content related to initial coin offerings, exchanges, wallets, and crypto trading advice. The company intends to implement the new rules by June, 2018.

18.03.2018 / 14:55 17
Report: Twitter Prepares Ban on Crypto Ads Report: Twitter Prepares Ban on Crypto
Twitter is reportedly preparing to prohibit advertisements for ICOs, token sales, and cryptocurrency wallets. The new advertising policy is expected
Twitter to Begin Banning Cryptocurrency Ads Twitter to Begin Banning Cryptocurrency
Reports say that Twitter will follow in the footsteps of Facebook and Google by banning a wide range of cryptocurrency ads. It appears that the
Unconfirmed Report: Twitter To Ban Crypto-Related Ads In Response To Regulation Concerns Unconfirmed Report: Twitter To Ban
An unconfirmed report by Sky News alleges that Twitter is planning to implement a ban on crypto ads beginning in two weeks. Sky News has reported
Google is Banning All Cryptocurrency, ICO Advertisements from June Google is Banning All Cryptocurrency,
With a change of policy, Google has announced a new hardline approach with a crackdown on cryptocurrency-related advertising. Come June 2018, Google
Google To Ban All Crypto-Related Ads Starting June 2018 Google To Ban All Crypto-Related Ads
Google has updated its Financial Services policy to include a ban on advertising related to cryptocurrencies, ICOs, and crypto exchanges. Google will
Google to Ban ICO, Cryptocurrency Ads in June Google to Ban ICO, Cryptocurrency Ads
Search giant Google has said it will change its financial product policy in June this year, a move that will see advertisements related to
Comments (0)
Add a comment
Comment on