Facebook bans ads for cryptocurrencies and ICOs

Facebook has announced new advertising policies which ban ads for cryptocurrencies such as Bitcoin. The ban also applies to ICOs because they are "frequently associated with misleading or deceptive promotional practices." The social networks says that the new policies are part of a drive to improve the "integrity and security of financial product and services ads," but it explains that it is keeping its guidelines "intentionally broad" to start with. See also: Facebook's latest News Feed update gives local news a boost Hackers hijack YouTube ads with Coinhive to mine Monero cryptocurrency Ahead of GDPR laws, Facebook publishes privacy principles… [Continue Reading]