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Author Topic: [2018-03-28] Eurasian Association Of Blockchain To Sue Social Media Giants  (Read 8 times)
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March 28, 2018, 08:18:00 AM

Cryptocurrency and Blockchain associations in Russia, China, and South Korea are planning to file a joint lawsuit in May against Google, Twitter, Facebook, and Yandex for not allowing crypto-related advertising, local news outlet TASS reported yesterday, March 27.

At the end of January, Facebook announced a crypto advertisement ban citing “misleading or deceptive promotional practices,” with Google following suit in March, although their ban will not  take effect until June. Most recently, Twitter confirmed they will also ban crypto-related ads, specifically for Initial Coin Offerings (ICO) and token sales. Yandex is also expected to enact its own set of prohibitive measures, according to local media reports.

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