Menu
Menu
Facebook banning crytocurrency ads

Facebook banning crytocurrency ads

New policy to be implemented across Facebook, Audience Network and Instagram

Facebook said 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. 

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

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags FacebookFinancial ServicesBitcoinInstagramcryptocurrencyAudience Network

More about Facebook

Show Comments