Twitter moves to ban crypto ads (TechCrunch)

Twitter is the latest social service to boot out cryptocurrency advertisers. The company told Reuters it will be launching a new policy this week to prohibit the advertising of token sales/initial coin offerings (ICOs), and crypto wallet services.

Ads for cryptocurrency exchanges will also be banned — with some limited exceptions.

Facebook announced a ban in January, while Google said earlier this month that it will ban them from June.

Twitter confirmed the policy change to us, providing the following statement: “We are committed to ensuring the safety of the Twitter community. As such, we have added a new policy for Twitter Ads relating to cryptocurrency. Under this new policy, the advertisement of Initial Coin Offerings (ICOs) and token sales will be prohibited globally.”