• Facebook and Google have already announced bans on such ads
• Federal agencies are cracking down on fraudulent cryptocurrency schemes
Twitter Inc. plans to ban online ads that promote cryptocurrencies and initial coin offerings, a person familiar with the matter told Bloomberg Law March 19.
Twitter would be joining a growing list of digital advertising giants that are moving to ban ads on the emerging technology, which has been rife with scams and fraudulent claims.
The person, who asked not to be identified because Twitter’s plans aren’t public, didn’t provide further details about the ban.
Facebook Inc. banned cryptocurrency ...
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