Following Facebook and Google, Twitter will ban advertising of crypto and ICO, reports CNBC.
We are committed to ensuring the safety of the Twitter community. As such, we have added a new policy for Twitter Ads relating to cryptocurrency. Under this new policy, the advertisement of Initial Coin Offerings (ICOs) and token sales will be prohibited globally.
He also added that "this kind of content" is often associated with fraud and deception, which was the reason for the decision.
Rumors about a possible ban on advertising of cryptocurrency in Twitter appeared on March 18. At the same time, the head of the company Jack Dorsey said that in 10 years bitcoin will bypass the importance of the US dollar and become the most actual currency in the world, which will be used by billions of users around the world.