Not exact matches
China ordered a complete ban on all
initial coin offerings by pulling down the shutters of cryptocurrency trading exchanges for containing the inherent financial risks associated with money laundering and hacking of virtual
wallets which has plagued the
crypto world since the very beginning.
Earlier this week, Google announced it was planning to restrict ads of cryptocurrencies and content related to
initial coin offerings, cryptocurrency exchanges,
wallets, and
crypto trading advice.
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.
Moreover, ads related to
initial coin offerings (ICOs), and
crypto products and services like mobile and hardware
wallets, payment applications etc., will be banned.
Last week was also disappointing for
crypto projects as Twitter announced intended ban on
crypto and ICO - related bans although with limited exceptions that the businesses must be verified to advertise their products and services (the ban includes ban on ads relating to
initial coin offerings (ICOs), cryptocurrency
wallets, and exchanges).
This comes after they raised $ 7 million in 2017 during their
initial round, with the hype surrounding the world of
crypto of late having no doubt increased the confidence of investors who saw this as an ideal opportunity to get involved with what is now the leading provider of hardware
crypto wallets.