Unconfirmed Report: Twitter To Ban Crypto-Related Ads In Response To Regulation Concerns
An unconfirmed report by Sky News alleges that Twitter is planning to implement a ban on crypto ads beginning in two weeks.
Twitter had not responded to a request for confirmation of the alleged crypto ad ban by press time.
Twitter’s reported crypto ad ban would come in the wake of both Facebook ban of crypto advertising in January, and Google’s recent update to its Financial Services policy that will ban crypto ads starting in June 2018.
Sky News writes that they “[understand] that the new advertising policy will be implemented in two weeks and currently stands to prohibit advertisements for Initial Coin Offerings (ICOs), token sales, and cryptocurrency wallets globally.”