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Facebook Bans All Ads Involving Cryptocurrencies

According to Facebook.com, “We’ve created a new policy that prohibits ads 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 goes on to state, “We want people to continue to discover and learn about new products and services through Facebook […]

By Chris Tsiolis · January 30, 2018
Facebook Bans All Ads Involving Cryptocurrencies

According to Facebook.com, “We’ve created a new policy that prohibits ads 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 goes on to state, “We want people to continue to discover and learn about new products and services through Facebook ads without fear of scams or deception. That said, there are many companies who are advertising binary options, ICOs and cryptocurrencies that are not currently operating in good faith. This policy is intentionally broad while we work to better detect deceptive and misleading advertising practices, and enforcement will begin to ramp up across our platforms including Facebook, Audience Network and Instagram. We will revisit this policy and how we enforce it as our signals improve.”

Read the Full Article on Faceobok.com