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.