After Facebook, Twitter and Google, Microsoft jumps in the bandwagon and bans cryptocurrency ads from Bing.
Microsoft is the latest tech giant to make a move against the promotion of cryptocurrency. In an official blog post, Melissa Alsoszatai-Petheo, Advertiser policy manager at Microsoft explains why.
“Because cryptocurrency and related products are not regulated, we have found them to present a possible elevated risk to our users.”
“To help protect our users from this risk, we have made the decision to disallow advertising for cryptocurrency, its related products, and un-regulated binary options,” she added.
Bing is the second most popular search engine after Google.
Facebook first made a move in in January, banning ads promoting cryptocurrencies, including Bitcoin and ICOs. The search giant Google announced their own ban in March with implementation starting in June.
Twitter also announced their ban on crypto, token sales and ICO advertisements on its platform.
According to the blog post, Microsoft’s ban will be implemented globally in June. Its enforcement set to roll out in late June and early July. The company claims that Bing has already rejected about 25 million ads in 2017 related to tech scams.
It will definitely be interesting to observe what direction these bans will go. Recently, rumours have been suggesting that Facebook is planning to launch its own cryptocurrency. If this indeed comes to light, that’s 2.9 billion possible users with access to a cryptocurrency. Do you think these bans will be lifted then?
Social media site Reddit has decided to ban posts that are sexually suggestive or images that are exploiting minors.
After years of criticism and controversy, the site announced that it would ban all subreddits that harp on sexualization of minors.
According to a statement released by the company, “We have changed our policy because interpreting the vague and debated legal guidelines on a case by case basis has become a massive distraction and risks reddit being pulled in to legal quagmire. A necessary change in policy.”
Their decision to do so was in response to criticisms on the site community chat boards over a subreddit.
One user said, “My guees is it’s similar to /r/jailbait, a mix of photos from creeps lurking around on Facebook, from the seedier corners of the Internet, and a few tamer photos that could be seen in /r/pics. It might not be illegal, but it sure as hell is disturbing, and might break the ‘Don’t post personal info’ rule.”
Site administrators shut down “Jailbait” section last year after a 14 year old girl’s photo was posted. The photograph shows explicit and lewd images of the girl.
Reddit also added, “We understand that this might make some of your worried about the slippery slope from banning one specific type of content to banning other types of content. We’re concerned about that too, and do not make this policy change lightly or without careful deliberation. We will tirelessly defend the right to freely share information on reddit in any way we can, even if it is offensive or discusses something that may be illegal.”