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The Twitter application is seen on an iPhone in this photo illustration on December 4, 2017. Photo: Jaap Arriens / NurPhoto via Getty Images

Twitter plans to ban most cryptocurrency-related ads in the next few weeks, as Sky News first reported and a source confirms to Axios. Twitter declined to comment.

Why it matters: The recent boom in cryptocurrencies and digital tokens has unsurprisingly attracted some fraudsters. Twitter is following in the footsteps of Facebook and Google, though it's been having its own problems with accounts promoting scams. On Friday, the Federal Trade Commission said it has shut down the activities of four people who were promoting cryptocurrency scams via social media, YouTube videos, and websites.

Go deeper

Senate confirms Rhode Island Gov. Gina Raimondo as commerce secretary

Rhode Island Gov. Gina Raimondo (D). Photo: David L. Ryan/The Boston Globe via Getty Images

The Senate voted 84-15 on Tuesday to confirm Rhode Island Gov. Gina Raimondo to lead the Commerce Department.

Why it matters: The agency promotes U.S. industry, oversees the Census Bureau, plays a key role in the government's study of climate change through the National Oceanic and Atmospheric Administration, and evaluates emerging technology through the National Institute of Standards and Technology.

Updated 15 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

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  2. Axios-Ipsos poll: Americans' hopes rise after a year of COVID
  3. Vaccine: J&J CEO "absolutely" confident in vaccine distribution goals — Vaccine hesitancy is shrinking.
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  5. Energy: Global carbon emissions rebound to pre-COVID levels.
  6. Local: Florida gets more good vaccine newsMinnesota's hunger problem grows amid pandemic — Denver's fitness industry eyes a pandemic recovery.

Supreme Court likely to favor Republican-backed Arizona voting laws

A person walking outside of the Supreme Court building in Washington, D.C., on Feb. 22.

The U.S. Supreme Court on Tuesday appeared to favor Republican-backed voting restrictions in Arizona that Democrats argue violate the Voting Rights Act of 1965, the Washington Post reports.

Why it matters: The Justices' decision in the case could weaken Section 2 of the VRA, which prohibits voting practices or procedures that discriminate on the basis of race.