Sky News has reported today, March 18, that Twitter is considering implementing a ban on cryptocurrency-related advertising in two weeks according to an as-of-yet Unconfirmed Report.
Twitter had not responded to a request for confirmation of the alleged crypto ad ban by press time.
Twitterâ€™s reported crypto ad ban would come in the wake of both Facebook ban of crypto advertising in January, and Googleâ€™s recent update to its Financial Services policy that will ban crypto ads starting in June 2018.
Sky News writes that they â€œ[understand] that the new advertising policy will be implemented in two weeks and currently stands to prohibit advertisements for Initial Coin Offerings (ICOs), token sales, and cryptocurrency wallets globally.â€�
Twitter has experienced an influx of fake accounts pretending to advertise cryptocurrency giveaways, often by users posing as famous crypto sphere personas like Litecoinâ€™s Charlie Lee.
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