According to Sky News, Twitter may be following in the footsteps of Facebook and Google by banning crypto-related ads.

The rumors have circulated for a few days now and as of yet, Twitter still hasn’t confirmed or denied this. If this does happen, the ban will likely be similar to that of Facebook and Google’s – the ban will likely include advertisements for ICOs, token sales, crypto wallets and may also be banning certain ads for crypto exchanges.

The supposed date set for this crypto ad ban is two weeks from now.

Unlike when Google announced its crypto ad ban, the rumours of the Twitter ban don’t seem to be having any adverse effects on the crypto market. Most coins are up at the moment and a general crypto recovery started at the beginning of this week. However, this may be because the Twitter rumors are still only rumors, whereas Google’s ban was confirmed.