Following such giants as Facebook, Google and Twitter, Snapchat has officially announced its ban of ICO advertising on its platform.
Twitter is reported to plan to implement the announced ban in the coming weeks. There is no final confirmation, nevertheless, it is said that its ban will be also applied not only to ICOs ads but also it will affect cryptocurrency wallets and exchanges with some exceptions.
Will the price fall again?
Hearing this news makes me sad and a bit angry for the cryptocurrency world. This will hinder knowledge about cryptocurrency enormously. Why? Because the word scam was thrown around too much. There should've been a better solution to regulate ads vs completely banning ICO ads. Not everything is a scam.