TikTok to ban all political fundraising on platform before midterm elections

TikTok will ban all political fundraising on its platform as both parties prepare to escalate marketing for the midterm elections.

The social media company announced on Wednesday that it would turn off all advertising and monetization features for politicians and parties on the platform. It also said that it would allow candidates and government entities to apply for verification to minimize duplicates.

"By prohibiting campaign fundraising and limiting access to our monetization features and verifying accounts, we're aiming to strike a balance between enabling people to discuss the issues that are relevant to their lives while also protecting the creative, entertaining platform that our community wants," wrote Blake Chandlee, president of global business solutions at TikTok.