After Facebook and Google, Microsoft bans cryptocurrency ads from Bing
“Because cryptocurrency and related products are not regulated, we have found them to present a possible elevated risk to our users with the potential for bad actors to participate in predatory behaviours, or otherwise scam consumers,” Melissa Alsoszatai-Petheo, Advertiser policy manager at Microsoft, said in a blog post on Wednesday.
Google in March announced that it would ban advertisements for cryptocurrencies and other “speculative financial products” across its ad platforms.
In January, social media giant Facebook banned all ads promoting cryptocurrencies, including Bitcoinand ICOs.
According to media reports, Twitter was also likely to ban cryptocurrency, token sales and Initial Coin Offerings (ICO) advertisements on its platform.