Bitcoin-0.22%
10565.66 USD
CAP: 188,383,236,604 USD
Ethereum-0.71%
223.81 USD
CAP: 23,945,632,080 USD
XRP-0.76%
0.33 USD
CAP: 13,994,724,499 USD
CAP: 6,191,630,889 USD
CAP: 5,776,865,355 USD
CAP: 4,670,572,266 USD
Tether0.15%
1.00 USD
CAP: 4,039,719,122 USD
EOS-0.36%
4.24 USD
CAP: 3,920,984,422 USD
TRON-0.74%
0.03 USD
CAP: 1,928,690,391 USD
CAP: 1,804,704,373 USD
CAP: 1,593,905,450 USD
Monero-1.39%
86.01 USD
CAP: 1,471,685,165 USD
CAP: 1,312,802,781 USD
Dash-0.53%
117.23 USD
CAP: 1,047,250,652 USD
NEO-0.78%
13.05 USD
CAP: 920,333,000 USD
CAP: 895,410,397 USD
IOTA-0.43%
0.32 USD
CAP: 882,813,905 USD
CAP: 803,310,403 USD
Tezos3.03%
1.15 USD

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CAP: 758,650,110 USD
Mar 21, 2018by CryptoCanada

Twitter is allegedly planning to prohibit advertisements for ICO/ITO projects and crypto wallets. The new policy is supposed to be implemented within the coming weeks. The policy change has yet to be officially announced or confirmed.

While Twitter’s alleged ban will cause the platform to be isolated from the cryptosphere; some trading websites may be excluded from the ban due to contractual obligations.

The reasoning behind Twitter’s decision is unclear; this seems to be a pattern started by Facebook, Google and other platforms who have recently imposed restrictions on crypto content citing concerns over illicit activities and fraudulent ads. 

Facebook issued its ban on crypto ads in January 2018 after complaints by users about spam and misleading cryptocurrency ads.

Following Facebook’s lead; Google announced its plans to restrict crypto related ads. The restrictions includes content related to initial coin offerings, exchanges, wallets, crypto trading advice, and cryptocurrencies which Google intends to implement by June 2018. 

As crypto popularity rises, it faces continuing hardships lead by governments and corporations around the world. Regulations and restrictions have proven to be part of the growing pains of the crypto world. Will the cryptosphere survive the resistance it faces? Only time will tell. 



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