Well-known email distribution platform MailChimp announced a change in its policy and has been sending out emails to users regarding its new marketing policy. Reportedly, the company will no more facilitate marketing campaigns for initial coin offerings and Blockchain oriented content especially cryptocurrency marketing from next month.
MailChimp has even decided to take down accounts of those analysts and tech journalists who cover blockchain and cryptocurrency industries. To do this, the company’s Legal team will review accounts of analysts and journalists properly before blocking.
MailChimp has taken this decision at a time when Google, Facebook, and Twitter have also banned key marketing services like advertising, which startups rely upon to capture the market share.
Moreover, MailChimp’s email to users stated that it will be banning them from using its service for crypto campaigns. The reason cited by the company is that cryptocurrency campaigns are usually linked with shady business practices are part of scams, frauds and phishing campaigns.
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