Facebook is banning all ads promoting cryptocurrencies — including bitcoin and ICOs
No advertiser will be able to promote things like bitcoin and other cryptocurrencies, initial coin offerings — ICOs for short — or binary options.
That also means that "crypto-genius" James Altucher, whose ads have appeared all over the internet and have become a meme of sorts for the entire crypto industry, won't be able to advertise on Facebook.
Ads that violate the company's new policy will be banned on Facebook's core app
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Why would FB do this? Crypto is hot right now!!!
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Because Facebook is coming out with their own Crypto. Whoppers aren't advertised in McD's. :-). Facebook is trying to duplicate what Steem has already going as well.
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