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Facebook just banned ads for bitcoin and other cryptocurrencies

Facebook is banning ads on its social network that promote cryptocurrencies, initial coin offerings and binary options, saying they're "frequently associated with misleading or deceptive promotional practices".

The policy will be "intentionally broad" while Facebook works to understand which ads are deceptive or misleading, from companies "not currently operating in good faith", the company said on Tuesday US time in a blog post.

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    Original URL: https://www.afr.com/technology/facebook-just-banned-ads-for-bitcoin-and-other-cryptocurrencies-20180131-h0r0nb