LinkedIn to Start Crypto Related Ads Ban

Another social network bans cryptocurrency and blockchain related ads
29 March 2018   1044

Business social network LinkedIn began blocking ads related to cryptocurrencies. At the same time, Microsoft, owner of the social network, allows to place it at its other resources. This is reported by The Independent with reference to the statement of the company's press secretary.

Earlier, with similar initiatives were made made Twitter, Google, Facebook and Snapchat. They refer in one form or another to the fact that such ads are often used to mislead and deceive investors

The Eurasian association of blockchain, recently founded by structures from Russia, South Korea and China acted against the actions of companies that prohibit advertising of crypto-currency projects,. Its representatives say that these companies have entered into a cartel conspiracy to manipulate the market, and therefore intend to file a lawsuit with the US court.

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CFTC to Issue ICO Investor Advisory

Before buying coins, you need to thoroughly study their nature and understand what factors can affect their price, CFTC advises 
17 July 2018   113

The US Commodity Futures Trading Commission (CFTC) published a document with recommendations for potential investors in ICO projects and token buyers. This is reported by Coindesk.

The agency's document says that before buying coins, you need to thoroughly study their nature and understand what factors can affect their price.

Also, a potential buyer should remember that, depending on the structuring, some tokens can be derivatives, commodities or securities.

Buying digital coins or tokens only because you expect to sell them at a higher price later is the definition of speculation and carries considerable risk, regardless of how good a white paper, application or business plan sounds. Unfortunately, fraud is another significant risk to consider. Your best protection is to thoroughly research digital coins or tokens and exercise caution. 

CFTC ICO Advisory

The guide also states that before investing in the ICO, it is necessary to find information about the organizers of the project, and also to find out whether they themselves participate in their  ICO.

Representatives of the agency also refer to the study, according to which more than 50% of ICO start-ups ceased to exist during the first four months after the end of the token.