Facebook to ban cryptocurrency-related ads

[webfact]

Facebook to ban cryptocurrency-related ads

Reuters Staff

 

A Facebook logo is seen at the Facebook Gather conference in Brussels, Belgium January 23, 2018. REUTERS/Yves Herman

 

(Reuters) - Facebook Inc said on Tuesday it will ban ads promoting financial products and services tied to cryptocurrencies and initial coin offerings.

 

“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,” Facebook’s product management director, Rob Leathern, said.

 

The new policy will be implemented across its platforms, including Facebook, Audience Network and Instagram, the company said. bit.ly/2FuwawS

 

Reporting by Munsif Vengattil in Bengaluru; Editing by Anil D'Silva

 

-- © Copyright Reuters 2018-01-31

[Bagwain]

The sooner there is a viable alternative to J*wbook the better!!! Near on impossible to grow a business page organically on it now, due to the way the algorithms treat sharing of business pages as spam!!!