Snapchat banned the advertisement of Initial Coin Offering(ICO)

Home » FINTECH » Snapchat banned the advertisement of Initial Coin Offering(ICO)
Snapchat banned the advertisement of Initial Coin Offering(ICO)

Media giant Snap Inc. banned the advertisement of Initial Coin Offering(ICO) in the mobile messenger Snapchat. Earlier this decision was reported by the publication Cheddar, noting that the new policy Snap Inc. came into force in February. At the same time, other types of advertising related to cryptocurrencies (for example, information and educational subjects) were not included in the ban.

In a conversation with CoinDesk representative Snap Inc. confirmed information about the ban on ICO, but did not say anything about the plans to ban advertising related to other uses of cryptocurrency.

The Securities and Exchange Commission of the USA (SE) began a large-scale proceedings in respect of the ICO sphere and, in particular, the tZero platform token from the retail giant Overstock.

Soon after, it became known about the intention of the social network of Twitter to ban advertising of digital currencies, token-accounts and cryptocurrency wallets. Similar decisions were made by Facebook and Instagram, as well as the Internet giant Google.

  • bitcoinBitcoin$3,955.46
  • ethereumEthereum$147.17
  • rippleXRP$0.328515
  • tetherTether$1.00
  • eosEOS$3.84
  • stellarStellar$0.090480
  • litecoinLitecoin$50.94
  • cardanoCardano$0.047181
  • tronTRON$0.024978
  • moneroMonero$50.36
  • iotaIOTA$0.312149
  • nemNEM$0.043689
  • dashDash$86.85
  • neoNEO$9.05
IBM used blockchain to ship 28 tons of citrus fruits from China to Singapore
On the eve of the Chinese New Year celebration, the technological giant IBM delivered 28 tons of oranges and tangerines from China to Singapore. When issuing a bill of lading confirming the contract of shipment, the blockchain technology was used, reports CoinDesk. IBM experts note that the electronic bill of lading (e-BL) has accelerated administrative […]
2019-02-19 0 12
What Can I Buy with BTC and What Sites Use It?
In the autumn of 2017 cryptocurrency fever triggered a high interest among trade agents in using BTC as payment method both for online and offline commerce. People were thrilled and excited. Searches on Google like “where to pay with bitcoin”, “where to spend bitcoin”, “bitcoin stores” were most frequent those days.  Unfortunately, raising fees for […]
2019-02-18 0 39
The media confirmed the launch date of the test network Telegram Open Network
The Telegram Open Network (TON) blockchain platform, behind which the popular messenger operator stands, is 90% complete, and the launch of the test network is scheduled for the end of March 2019. It is reported by The Block, with reference to the report received by the investors of the project. As the newspaper notes, Telegram […]
2019-02-11 0 15
Media: the cost of the Telegram internal cryptocurrency could reach $ 30 billion
By the end of 2019, the total cost of the internal token Gram of the blockchain project Telegram Open Network (TON) could reach $ 29.5 billion. The Bell reports with reference to the report HASH Crypto Investment Bank. According to the investment company, the target cost of 1 Gram token by the end of 2019 […]
2019-02-07 0 11
© 2017–2018