Daily Management Review

Facebook To Put A Ban On Cryptocurrencies Ads


01/31/2018


New policy decision at Facebook prohibits promotion of cryptocurrency ads, in order to put an end to “misleading or deceptive promotional practices”.



Facebook Inc has informed that the website will be putting a ban on ads that promotes cryptocurrencies’ “financial products and services” along with “initial coin offerings”.
 
In the words of the Product Management Director of Facebook, Rob Leathern:
“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”.
 
Reuters reported that the new policy of Facebook will be “implemented” in all its platforms like “Facebook, Audience Network and Instagram”.
 
 
References:
reuters.com







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