Facebook to Ban Crypto Ads

February 1, 2018

The largest social network in the world Facebook has announced the new policy aimed at crypto-related ads. A following message was posted on the Facebook Business website, saying that Facebook will block any advertisements of ICOs and cryptocurrencies. It is said that this measure is taken to ensure the integrity and security of advertising and prevent misleading of users.

The message says:

"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."

It is worthwhile to say that Facebook owns such popular applications as Instagram, Audience Network and Messenger, so they will also follow this new policy. 

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