Yet another blow to the cryptocurrency and ICO market as Mailchimp announces a policy change shutting down Blockchain and ICO related accounts.
Reported by Futurism, Mailchimp announced the change via email and customers are “freaked out”. They also stated that they reached out to Mailchimp to get to the bottom of this policy change:-
Mailchimp reiterated its updated Acceptable Use Policy, which states that the company “does not allow businesses involved in any aspect of the sale, transaction, exchange, storage, marketing, or production of cryptocurrencies, virtual currencies, and any digital assets related to an Initial Coin Offering, to use MailChimp to facilitate or support any of those activities.” Read the full article – Click Here
Mailchimp’s announcement hot on the heels of social media giant, Facebook, who are banning all ads that promote cryptocurrencies, including bitcoin, in an effort to prevent people from advertising what the company is calling “financial products and services frequently associated with misleading or deceptive promotional practices.” Read full article – Facebook Bans Bitcoin and ICO Ads
Twitter has been full of crypto scams of late and will be banning crypto related ads in response to regulation concerns – Read full article – Twitter to Ban Bitcoin Ads
Google bans bitcoin adverts in cryptocurrency crackdown, with the “D-Day” set for June 2018 – Read full article – Click Here
Social media giants are attempting to make it difficult for startups to spread the word on innovation and technology, however, cryptocurrency enthusiasts and entrepreneurs will always find a way to reach their audience. Unstoppable.
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