Twitter to now ban cryptocurrency ads

This move follows Google and Facebook banning cryptocurrency ads; policy at Twitter to be implemented in two weeks

by exchange4media Staff
Published - Mar 20, 2018 1:57 PM Updated: Mar 20, 2018 1:57 PM
After Facebook and Google, Twitter is now likely to ban cryptocurrency, token sales and Initial Coin Offerings (ICO) advertisements on its platform, say reports.

According to a Sky News report, the new policy at Twitter will be implemented in two weeks.

"Twitter may also ban all ads for cryptocurrency exchanges, with some limited exceptions, when the policy is launched," the report read.

Just last week Google announced that it will ban advertisements for cryptocurrencies and other "speculative financial products" across its ad platforms. In January, social media giant Facebook banned all ads promoting cryptocurrencies, including Bitcoin and ICOs.

The ban on such advertisements will come into force from June. 

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