Bitcoin-0.36%
3597.59 USD
CAP: 62,653,397,180 USD
XRP-0.48%
0.31 USD
CAP: 12,675,291,635 USD
CAP: 9,736,077,048 USD
CAP: 2,329,501,335 USD
CAP: 1,887,564,649 USD
CAP: 1,874,920,404 USD
EOS-0.97%
1.97 USD
CAP: 1,787,290,921 USD
CAP: 1,513,823,349 USD
TRON-0.33%
0.01 USD
CAP: 891,471,736 USD
CAP: 808,937,617 USD
Monero-0.13%
47.31 USD
CAP: 787,010,171 USD
IOTA-0.15%
0.24 USD
CAP: 672,954,450 USD
NEM-0.39%
0.07 USD
CAP: 661,702,329 USD
CAP: 626,249,836 USD
Dash0.64%
73.62 USD
CAP: 625,499,027 USD
CAP: 426,664,264 USD
NEO-0.41%
6.29 USD
CAP: 409,167,798 USD
Zcash-0.7%
59.87 USD
CAP: 324,306,102 USD
CAP: 248,151,744 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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