Social media giant Facebook has banned ads related to Bitcoin and ICOs, along with its new advertising policy.
The company’s product management director, Rob Leathern, said in a blog post that the new advertising policy was “binary options, ICO”. He noted that he targeted “advertisements that support financial products and services that can often be associated with misleading or deceptive promotional practices such as cryptocurrencies and cryptocurrencies.” -1 position-center text-left width-100″ data-style=”style-1″ data-position=”center” data-align=”left” data-width=”100″>
“People’s fear of fraud We want them to continue to discover new products and services with Facebook ads, without However, there are currently many companies advertising binary options, ICOs, and cryptocurrencies that are not operating in good faith.”
These ads are part of an evolving policy against potentially fraudulent activity on the site.
The ban extends to Facebook’s other platforms
The Facebook administrator added that the policy also extends to Facebook’s other platforms, including the popular photo-sharing app Instagram.