Starting from tomorrow, with Twitter has confirmed an official ban on any cryptocurrency-related ads.
Centre issues notice to Cambridge Analytica
The ministry has threatened to take legal action against companies and individuals engaging in any unauthorised use of such data. Cambridge Analytica's office in central London .
"We updated several policies to address ads in unregulated or speculative financial products like binary options, cryptocurrency, foreign exchange markets and contracts for difference (or CFDs)", Scott Spencer, Google's Director of Sustainable Ads, had said.
"With the increasing number of ICOs coming to market, it is an impossible task for anyone, much less platforms like Twitter or Facebook, to keep on top of which ICOs and cryptocurrencies are genuine versus frauds..." The price was further knocked down by news of Google and Facebook bans.
A Twitter spokesperson states that this action is due to the fact that most crypto related contents and ads are often connected to fraud and deception.
USA stocks open higher despite trade war threat
Volume on United States exchanges was 8.11 billion shares, above the 7.3 billion average for the past 20 trading days. The S&P 500 posted two new 52-week highs and 42 new lows; the Nasdaq Composite recorded 23 new highs and 93 new lows.
"We are committed to ensuring the safety of the Twitter community", Twitter said in a statement. Last Monday, an operator of Cboe urged the U.S. securities regulators in a letter to the Securities and Exchange Commission (SEC) to consider approving cryptocurrency exchange-traded funds.
Other cryptocurrencies, or "alt coins", have also fallen double digits this year. The consensus is that such banning of cryptocurrencies and ICO ads will cripple the many fraudulent operations that are clogging up the crypto space.
The logo for Twitter is displayed above a trading post on the floor of the New York Stock Exchange on February 8.
More than 150 whales stranded on Australian beach
Efforts were underway Friday evening to move the seven surviving whales to deeper water, the department said on Twitter. The beached whales were spotted by a commercial fisherman early on Friday morning.