Tuesday, January 30, 2018

Facebook Bans Bitcoin Ads. More Bad News for Cryptocurrencies

Facebook Bans Bitcoin Ads

Social Media Giant Facebook Bans Bitcoin Ads and All Others Related to Cryptocurrency


In what comes as a somewhat unsurprising move, social media giant Facebook has now banned all ads that promote cryptocurrencies — including bitcoin and ICOs — to protect its users from deceptive financial products and services.



Source: Facebook


As a result of Facebook’s new policy, we won’t be able to see ads featuring people like “crypto genius” James Altucher, who has been featured in the media quite prominently because of his endorsement of the digital currency.

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