Bit-Media

Wednesday 31 January 2018

Facebook Bans Bitcoin and ICO Ads.

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CNBC reported earlier today that Facebook is banning all ads that promote cryptocurrencies, including bitcoin, in an effort to prevent people from advertising what the company is calling "financial products and services frequently associated with misleading or deceptive promotional practices."


That means no advertiser will be able to promote bitcoin, other cryptocurrencies, or initial coin offerings — ICOs for short — this will also extend to binary options, according to a Facebook blog post..


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