INTERNATIONAL - Facebook has added cryptocurrency to its list of prohibited content that users cannot advertise.
The reason behind this is that Facebook feels that companies advertising binary options, initial coin offerings and cryptocurrencies on the platform are not operating in good faith.
Facebook has banned adverts that, “Promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings and cryptocurrency.
Facebook Has Banned Cryptocurrency Ads " data-medium-file="http://trak.in/wp-content/uploads/2018/02/Facebook-Banner-Opt-300x146.jpg" data-large-file="http://trak.in/wp-content/uploads/2018/02/Facebook-Banner-Opt.jpg" /> In a stunni...
After promising to fix its news feed by implementing sweeping changes, Facebook is taking another big step towards cleaning up its act: it’s banning ads promoting cryptocurrencies and initial coin offerings (ICOs) because they’re th...
Vocal critic says it remains to be seen just how serious the social media giant is about deterring scammers
Summary: The new rule "prohibits financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings and cryptocurrency."