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News Link • Social Networking/Social Media

Facebook Just Banned All Cryptocurrency Advertising

• https://motherboard.vice.com, Jordan Pearson

Facebook, the largest social media network on the planet, is banning all advertising having to do with cryptocurrencies, according to a blog post the company shared on Tuesday.

More specifically, the blog post states, Facebook is implementing a new policy that bans advertising having to do with "financial products and services that are frequently associated with misleading or deceptive promotional practices." This policy covers cryptocurrencies like Bitcoin and unregulated fundraising events known as Initial Coin Offerings (ICOs), but it also bans ads for established financial tools like binary options.

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