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Crypto Reporter

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Crypto news in brief (March 19, 2018): Twitter, Donald Trump, Petro, Coincheck

March 19, 2018 By Crypto Reporter

– Twitter may soon prohibit cryptocurrency advetisements
– Donald Trump banned U.S. citizens from using Venezuelan cryptocurrency Petro
– Coincheck is expected to stop operations with three anonymous cryptocurrencies

According to Sky News, Twitter may soon prohibit almost all cryptocurrency advetisements. The microblogging platform has followed in the steps of Google and Facebook, which announced banning crypto ads earlier.

The new Twitter ad policy may be implemented already in two weeks.

***

Donald Trump signed an order banning U.S. citizens from using cryptocurrency Petro, issued by Venezuelan government.

Venezuela launched its oil-backed cryptocurrency in February 2018 to help pull the country out of a continuing economic crisis. President Nicolas Maduro also considers Petro as a way to bypass economic sanctions imposed by the U.S.

Each Petro coin is backed by one barrel of Venezuela’s oil.

***

Japan Times reports that cryptocurrency exchange Coincheck is expected to stop operations with the following anonymous cryptocurrencies: Monero, Zcash and Dash. The exchange recognizes high risks posed by these coins when used in money-laundering transactions.

More news:

  • Twitter will integrate bitcoin into the social network
    Twitter will integrate bitcoin into the social network
    July 27, 2021
  • Jack Dorsey steps down as Twitter CEO, Square changes its name to Block
    Jack Dorsey steps down as Twitter CEO, Square changes its name to Block
    December 4, 2021
  • UAE is set to welcome crypto licensing 
    UAE is set to welcome crypto licensing 
    February 26, 2022
  • PayPal to launch its own crypto wallet 
    PayPal to launch its own crypto wallet 
    August 4, 2021
  • India to tax crypto and NFTs profits at 30%
    India to tax crypto and NFTs profits at 30%
    February 2, 2022
  • Uber to consider accepting crypto as payments 
    Uber to consider accepting crypto as payments 
    February 20, 2022

Filed Under: General News, News Tagged With: Coincheck, cryptocurrency, Donald Trump, exchanges, news, news in brief, Petro, regulations, Twitter, United States, Venezuela

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