They are Banning crypto every where - now facebook

[revo999]

 Facebook has a new advertising policy pertaining to cryptocurrency, binary options and initial coin offerings. The policy specifically prohibits ads that promote those types of products and services “that are frequently associated with misleading or deceptive practices,” Facebook Product Management Director Rob Leathern wrote in a blog post today.

Cryptocurrencies like Bitcoin, Litecoin and Ethereum, and initial coin offerings have all hit the mainstream, which has promptly resulted in a number of scams. While Facebook says it wants people “to continue to discover and learn” about those products and services, “there are many companies who are advertising binary options, ICOs and cryptocurrencies that are not currently operating in good faith,” Leathern wrote.

https://techcrunch.com/2018/01/30/facebook-is-banning-cryptocurrency-and-ico-ads/

[shulio]

First they ignore you, then they laugh at you, then they fight you, then you win. I think we are at the fight phase.

[gentlemand]

Can't say I blame then really. The vast majority are loathsome scams with no redeeming value whatsoever.

I presume they'll vet and readmit the legit advertisers but then again if you are legit you probably have a much, much lower need to advertise.

[hyet24]

I mean they have the right because those ads is misleading and leading to scam.   I rather have people learn crypto from other real people not just some ad spam on facebook.

[First77]

Game Over   

[Jet Cash]

Maybe they are getting ready to launch FedCoin.

[otandelapaz]

This is a very bad news to us. Looks like Zuckerberg is not into crypto, making it easier for Facebook to decide on this. 
They should probably waste their energy banning/controlling pornographic and "fake news" than about crypto, which affects the general public.

[yugyug]

If Facebook banning something it means that they have to offer something just like banning the cryptocurrency advertisement it means that they are creating something like cryptocurrency too. Some rumor say that Mr. Zuck was studying about blockchain technology, maybe he will  propose a blockchain for facebook.

[Aveatrex]

Facebook has a new advertising policy pertaining to cryptocurrency, binary options and initial coin offerings. The policy specifically prohibits ads that promote those types of products and services “that are frequently associated with misleading or deceptive practices,” Facebook Product Management Director Rob Leathern wrote in a blog post today.

Cryptocurrencies like Bitcoin, Litecoin and Ethereum, and initial coin offerings have all hit the mainstream, which has promptly resulted in a number of scams. While Facebook says it wants people “to continue to discover and learn” about those products and services, “there are many companies who are advertising binary options, ICOs and cryptocurrencies that are not currently operating in good faith,” Leathern wrote.

https://techcrunch.com/2018/01/30/facebook-is-banning-cryptocurrency-and-ico-ads/

Well facebook is right about it,I see alot of ads in facebook promoting ponzis and scam projects.
They are just trying to protect users as when people get scammed by these projects, Facebook is taking a hit in the face since users will go and complain about it in Facebook's support.

[Simple_Man]

Facebook has a new advertising policy pertaining to cryptocurrency, binary options and initial coin offerings. The policy specifically prohibits ads that promote those types of products and services “that are frequently associated with misleading or deceptive practices,” Facebook Product Management Director Rob Leathern wrote in a blog post today.

Cryptocurrencies like Bitcoin, Litecoin and Ethereum, and initial coin offerings have all hit the mainstream, which has promptly resulted in a number of scams. While Facebook says it wants people “to continue to discover and learn” about those products and services, “there are many companies who are advertising binary options, ICOs and cryptocurrencies that are not currently operating in good faith,” Leathern wrote.

https://techcrunch.com/2018/01/30/facebook-is-banning-cryptocurrency-and-ico-ads/

Majority of these binary and ICO related ads are misleading, there is no doubt about it. So Facebook has a reason behind their decision and I am sure it didn't came out of the blue. It is a well though fees decision because Facebook is going to loose a huge revenue stream.

It shows that ICO market needs to increase the reputation they currently hold and bring back the credibility. Otherwise, ICO market will be filled up with scammers like ponzi market. So I somewhat support thia decision.

[378budiman]

This is bad news for us. If Facebook forbids anything, it means they have to offer something like banning cryptographic ads, it means they are creating something like cryptocurrency as well. Some rumors say about blockchain technology, maybe he will propose blockchain for facebook.

[gentlemand]

This is bad news for us. If Facebook forbids anything, it means they have to offer something like banning cryptographic ads, it means they are creating something like cryptocurrency as well.

Not really. It's more down to all of the ads being scammy shit with zero redeemable value.

Can you point me to any that aren't? I'm not on Facebook but every other cryto ad that's gotten past my blocker looked like rancid junk to me.

[joan26]

It's a bad news to crypto world. They stop this because of scam coins that they make investor hopeless. Its their right to protect their platforms not to use by any illegal activities such this scam coins. I agree to them even crypto may affect.

[HasHe]

Facebook has a new advertising policy pertaining to cryptocurrency, binary options and initial coin offerings. The policy specifically prohibits ads that promote those types of products and services “that are frequently associated with misleading or deceptive practices,” Facebook Product Management Director Rob Leathern wrote in a blog post today.

Cryptocurrencies like Bitcoin, Litecoin and Ethereum, and initial coin offerings have all hit the mainstream, which has promptly resulted in a number of scams. While Facebook says it wants people “to continue to discover and learn” about those products and services, “there are many companies who are advertising binary options, ICOs and cryptocurrencies that are not currently operating in good faith,” Leathern wrote.

https://techcrunch.com/2018/01/30/facebook-is-banning-cryptocurrency-and-ico-ads/

Yes since crypto currency market is decentralized and uncontrolled by any one, there are lots of scam projects which post huge number of ads in facebook. So they have decided to do such a thing.Facebook has now become a powerful media and its users becoming victims of scam projects could not be left unnoticed. Scam projects list is becoming very high nowadays and hence Facebook team had no other option than this.

[onpages]

Facebook has a new advertising policy pertaining to cryptocurrency, binary options and initial coin offerings. The policy specifically prohibits ads that promote those types of products and services “that are frequently associated with misleading or deceptive practices,” Facebook Product Management Director Rob Leathern wrote in a blog post today.

Cryptocurrencies like Bitcoin, Litecoin and Ethereum, and initial coin offerings have all hit the mainstream, which has promptly resulted in a number of scams. While Facebook says it wants people “to continue to discover and learn” about those products and services, “there are many companies who are advertising binary options, ICOs and cryptocurrencies that are not currently operating in good faith,” Leathern wrote.

https://techcrunch.com/2018/01/30/facebook-is-banning-cryptocurrency-and-ico-ads/

policies we must follow but we also have to try for example by creating a technology that can filter various forms of good projects and the scam. so will many people who feel benefited by the existence of this cryptocurrency advertising.

[SixOfFive]

Facebook has a new advertising policy pertaining to cryptocurrency, binary options and initial coin offerings. The policy specifically prohibits ads that promote those types of products and services “that are frequently associated with misleading or deceptive practices,” Facebook Product Management Director Rob Leathern wrote in a blog post today.

Cryptocurrencies like Bitcoin, Litecoin and Ethereum, and initial coin offerings have all hit the mainstream, which has promptly resulted in a number of scams. While Facebook says it wants people “to continue to discover and learn” about those products and services, “there are many companies who are advertising binary options, ICOs and cryptocurrencies that are not currently operating in good faith,” Leathern wrote.

https://techcrunch.com/2018/01/30/facebook-is-banning-cryptocurrency-and-ico-ads/

These scam Coins has destroyed the reputation of ICO's and cryto's all around the world. Even social media platforms think that these ICO's is pulling down their reputation in eyes of their users.

[onpages]

Game Over   

haha you say "game over" for what?
I think this is one of the first steps that can make it all the more careful in following various projects. because with such a policy, people will be more careful in choosing cryptocurrency projects to avoid failures.

[btc2mars]

Well thanks to all those ICO scams which are only interested in making quick money instead of contributing truthfully to the development of crypto market.

[hyet24]

This is bad news for us. If Facebook forbids anything, it means they have to offer something like banning cryptographic ads, it means they are creating something like cryptocurrency as well. Some rumors say about blockchain technology, maybe he will propose blockchain for facebook.

You rather have people get scam and not come back.   Good thinking.

[Bitophile]

http://metro.co.uk/2018/01/29/crypto-coin-company-disappears-millions-leaving-one-word-message-penis-7270455/amp/

Things like this do happen a lot.

Banning ICO ads is not equal to banning crypto. I really do feel many ICOs are bringing bad press.