tldr; X, formerly Twitter, has lifted its global ban on paid cryptocurrency and gambling promotions, allowing creators and brands to monetize crypto content under strict disclosure rules. The platform now requires a ‚Paid Partnership‘ label for compensated promotions and enforces compliance with regional advertising laws. While some jurisdictions like the UK and EU maintain stricter restrictions, X aims to balance regulatory compliance with creator monetization. This policy shift aligns with X’s broader plans, including launching financial tools like X Money and Smart Cashtags.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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Paid promotions could drive new users, but also more scams. Moderation will be key.
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tldr; X, formerly Twitter, has lifted its global ban on paid cryptocurrency and gambling promotions, allowing creators and brands to monetize crypto content under strict disclosure rules. The platform now requires a ‚Paid Partnership‘ label for compensated promotions and enforces compliance with regional advertising laws. While some jurisdictions like the UK and EU maintain stricter restrictions, X aims to balance regulatory compliance with creator monetization. This policy shift aligns with X’s broader plans, including launching financial tools like X Money and Smart Cashtags.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Paid promotions could drive new users, but also more scams. Moderation will be key.