Now Twitter is also taking a swipe at cryptocurrency advertising

After Google and Facebook, the short message service Twitter is also restricting advertising for cryptocurrencies such as bitcoin. In order to strengthen the security of Twitter users, advertising for cryptocurrency fundraising (IPO) and the sale of virtual tokens should be banned in the future.


This was announced by the company on Monday. The price of the most popular cryptocurrency Bitcoin fell after theTwitter announcement by eight percent below the mark of 8000 dollars.

Some startups have raised billions of dollars through ICOs. But these financial transactions are completely unregulated and
risky. Consumer protectionists warn of opaque transactions and fraud surrounding cryptocurrencies. There is great concern that they could be used by criminal networks to launder money.

Similar measures to Twitter had already been announced by Facebook at the end of January and Google in mid-March. (SDA)

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