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
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