Following within the footsteps of Facebook and Google, Twitter is reportedly coming up with a ban on advertisements associated with cryptocurrencies.
Sky News reportable Sunday that the U.S.-based social networking large is wanting to roll out a policy within the next fortnight which will block ads related to cryptocurrency wallets, exchanges and initial coin offerings, with restricted exceptions.
In AN email response to CoinDesk, a Twitter representative aforementioned the corporate wouldn't comment for currently, however additionally failed to deny the report.
The move is notable as Twitter has come back a well-liked forum for, not solely blockchain trade enthusiasts and corporations, however additionally celebrities promoting crypto token offerings that are frowned upon by regulators, also as scammers impersonating real accounts so as to hoax investors.
It additionally follows a comment earlier this month from Jack Dorsey, business executive and founding father of Twitter, indicating that the firm would double down on its efforts to tackle the scourge of crypto scammers on the platform.
Meanwhile, Google and Facebook have each recently enforced policy changes to get rid of cryptocurrency-related ad content.
Facebook aforementioned in a very web log post in late Gregorian calendar month that it'd block "ads that promote money merchandise and services that area unit oft related to dishonest or deceptive promotional practices, like binary choices, initial coin offerings and cryptocurrency."
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Facebook, Google, Reddit, and now Twitter. I know a platform that won't be banning anything crypto...STEEMIT! Thanks for the info.
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