Post by Enter Nations on Mar 20, 2018 19:33:46 GMT
The company follows the steps of Facebook and Google in this regard and in an attempt to protect consumers.
Twitter plans to join its rivals in banning cryptocurrency ads on its platform.
The company has not announced the ban itself, but a person familiar with the Twitter plans said that work is already underway to implement the policy. Sky News previously reported the decision.
With the measure, Twitter would become the latest technology company to ban such ads on its site. In January, Facebook said it would not allow crypto ads on its social network, and Google followed the course last week.
The decision of the technological giants is a blow to the incipient digital currency market, but it is considered a way to protect consumers. Bitcoin and other cryptocurrencies fight against fraudulent activity and illegal transactions. Because digital currency exchanges are not yet regulated and transactions are difficult to reverse, they have become the target of scams and piracy.
Twitter plans to join its rivals in banning cryptocurrency ads on its platform.
The company has not announced the ban itself, but a person familiar with the Twitter plans said that work is already underway to implement the policy. Sky News previously reported the decision.
With the measure, Twitter would become the latest technology company to ban such ads on its site. In January, Facebook said it would not allow crypto ads on its social network, and Google followed the course last week.
The decision of the technological giants is a blow to the incipient digital currency market, but it is considered a way to protect consumers. Bitcoin and other cryptocurrencies fight against fraudulent activity and illegal transactions. Because digital currency exchanges are not yet regulated and transactions are difficult to reverse, they have become the target of scams and piracy.
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