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Report: Twitter set to ban cryptocurrency ads

Published 03/19/2018, 12:25 AM
Updated 03/19/2018, 12:25 AM
© Reuters.  Report: Twitter set to ban cryptocurrency ads
  • Twitter (NYSE:TWTR) is set to be the next to ban a range of advertisements for cryptocurrencies, Sky News reports.
  • That move follows similar action by Facebook (NASDAQ:FB) and Google (NASDAQ:GOOGL).
  • Twitter's ban will apply to ads for initial coin offerings, token sales and wallets, according to the report, and may include ads for exchanges as well with limited exceptions.
  • The logic is likely the same as that used by other tech companies: They don't want to put users at unnecessary risk.
  • Previously: Google cracks down on crypto advertising (Mar. 14 2018)
  • Previously: Facebook bans ads promoting cryptocurrencies, ICOs (Jan. 30 2018)
  • Related tickers: OTCQX:GBTC, COIN, RIOT, OSTK, SSC, MARA, UEPS UEPS, OTC:BITCF, XNET, GROW, OTCPK:BTSC, OTCQB:BTCS, OTCQB:MGTI, OTCPK:BTLLF SRAX, OTCPK:GAHC, OTC:ARSC, OTCPK:USTC, OTCPK:BLKCF, COINB, LFIN
  • Now read: Crypto Charting: 5 More Charts On The Outlook For Bitcoin Prices


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