Facebook bans all cryptocoin adverts

Product management  director Rob Leathern from Facebook has said that they are to ban all cryptocurrency and ICO adverts in a bid to stop financial products and services that are frequently associated with misleading or deceptive promotional practices. Rob said that they want people to continue to learn about new services and products through the use of Facebook adverts,  but wants to stop misleading adverts which are scams or deceptions. Facebook will ramp up the enforcement across their social network to stop deceptive and misleading cryptocurrency ads. The ban may not be permanent as Rob said “We will revisit this policy and how we enforce it as our signals improve.”





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