Twitter announced Monday it will ban advertising for cryptocurrencies, joining advertising giants Google and Facebook in a wider crackdown that aims to protect investors from fraud.
"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," a Twitter spokesperson told CNBC Monday. "Under this new policy, the advertisement of Initial Coin Offerings (ICOs) and token sales will be prohibited globally."
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