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Facebook updates its policy to ban cryptocurrency adverts

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.
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