Facebook Has Just Banned All The Cryptocurrency Ads On Its Platforms

Amid the rising popularity and continued confusion over its legal status, social media giant Facebook has banned ads that promote initial coin offerings (ICOs), cryptocurrency like Bitcoin and binary options trading from its platforms, including Instagram, Audience Network and Messenger.

The new policy prohibits ads that promote financial products and services that are frequently associated with misleading or deceptive promotional practices, Facebook said in a statement.

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