Facebook bans all ads for cryptographic and ICO-related coins including Bitcoin - Technology
 Facebook bans all ads for cryptographic and ICO-related coins including Bitcoin

Facebook bans all ads for cryptographic and ICO-related coins including Bitcoin

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Facebook will stop all commercials for cryptographic coins including bitcoin and initial coin offerings known as ICO.

Product Management Director Rob Leathern said Facebook will no longer accept ads that advertise financial products and services are linked to fraudulent promotional practices.

He said the decision is not permanent. Even the social network has demanded reporting of any advertising that Facebook may have saved.

The social network has allowed the advertising of some financial topics in the past. Specifically, a written request was required. Secondly, target users with the ad in question were over 18 years of age.

However, as the decision is not permanent, it may be forbidden in the future to ban the bitcoin and such activities be regulated by law.

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