Twitter Confirms Restrictions on ICOs and Cryptocurrency Token Sale Ads ?

[kolpher001]

"Twitter has confirmed the reports from earlier this month that it will ban ads for Initial Coin Offerings (ICOs) all around the world. From now on any project that is conducting a token sale will only be allowed to run ads on the social network if it can prove it is legally regulated in the targeted country. Wallets and exchanges will also have a high bar to cross."

I got this news from Bitcoin.com

how will this effect to our Cryptocurrency Market Guys??

[GhostWithin]

This is quite the expected news.
ICO, in the form in which it existed previously, will no longer exist soon. The regulation is going in cryptoworld and it will be in all areas of cryptoworld.

It's not bad, it's the necessary changes.

[tdeannova]

some users think this is a disaster, they are worried about the ban made by twitter. as a result many people sell their assets fast because of panic hearing this ban.