Facebook bans cryptocurrency ads..

[jomz312]

Facebook Gives Crypto Ads the Thumbs Down.

Facebook has issued an outright ban. As of a new ruling issued on January 30, “ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency”. The move is sure to be welcomed by Facebook users and bitcoin enthusiasts alike, who recognize that these adverts do little to promote the benefits of cryptocurrency.


https://web.facebook.com/policies/ads/prohibited_content/prohibited_financial_products_and_services

[roccstar]

Oh its hot news. So now there wont be any facebook campaign in upcoming ICO bounties?Anyway good move from facebook. They should have done this before.

[Mpamaegbu]

This is trash! I am going over to facebook now to make a post on Cryptocurrency.

[tikalbong]

Facebook Gives Crypto Ads the Thumbs Down.

Facebook has issued an outright ban. As of a new ruling issued on January 30, “ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency”. The move is sure to be welcomed by Facebook users and bitcoin enthusiasts alike, who recognize that these adverts do little to promote the benefits of cryptocurrency.


https://web.facebook.com/policies/ads/prohibited_content/prohibited_financial_products_and_services

This is gonna be a big problem for newbies, aside from the fact that they will have a hard time ranking up, now they cannot even join a facebook campaign.

[luffy7]

Great news. Most of them that do ads on Facebook are scams anyway.

[myrliska1313]

And what do companies do now? Who connected facebook, but what about people who earn in bounty ?! It's not fair, I hope it's a lie.

[Cactushrt]

It's a bad news for bounty hunters at the same time good news for me because even in fb messenger the crypto ads are there it's annoying.

[99th]

Oh its hot news. So now there wont be any facebook campaign in upcoming ICO bounties? Anyway good move from facebook. They should have done this before.

So now there wont be any facebook campaign in upcoming ICO bounties?

No this will not be the case because they are banning Advertisements not content. In a FB bounty you are not promoting ads for an ICO but rather the ICO itself through content on their fb page, website, and other social media pages. facebook campaigns should not be effected by this other than the fact that ICOs cant have you sharing their ICO ads anymore.

[AliCris]

Well, to make reposts we can, but to write your own message would be a problem. You will need to write about the product, not the conduct of the ICO

[albos]

This should be done a year ago when scam ICO-s were spread like a wild fire on facebook. But as they say, later better than never

[Cold_Zero]

Great news. Most of them that do ads on Facebook are scams anyway.

I agree too, all ads is shit coin

[Mevz]

Facebook Gives Crypto Ads the Thumbs Down.

Facebook has issued an outright ban. As of a new ruling issued on January 30, “ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency”. The move is sure to be welcomed by Facebook users and bitcoin enthusiasts alike, who recognize that these adverts do little to promote the benefits of cryptocurrency.


https://web.facebook.com/policies/ads/prohibited_content/prohibited_financial_products_and_services

I've already noticed that on this passed days when I shared a post from a Facebook page of an ICO and Im notified that my shared posts is deleted by facebook. It was stated there that its a spam on facebook that contain links from a website. Maybe we should just avoid puting some links on our shared posts.

[Yudhisthir]

Facebook Gives Crypto Ads the Thumbs Down.

Facebook has issued an outright ban. As of a new ruling issued on January 30, “ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency”. The move is sure to be welcomed by Facebook users and bitcoin enthusiasts alike, who recognize that these adverts do little to promote the benefits of cryptocurrency.


https://web.facebook.com/policies/ads/prohibited_content/prohibited_financial_products_and_services

True. I don't go to facebook to look for an ICO. Everything have it's own marketplace. Spending a large amount on untargeted group of people via a social network is just waste of resources.

[Jeepney_koh]

Facebook Gives Crypto Ads the Thumbs Down.

Facebook has issued an outright ban. As of a new ruling issued on January 30, “ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency”. The move is sure to be welcomed by Facebook users and bitcoin enthusiasts alike, who recognize that these adverts do little to promote the benefits of cryptocurrency.


https://web.facebook.com/policies/ads/prohibited_content/prohibited_financial_products_and_services

You must put all the explanation about that. There is missing piece "the examples". It is stated there that "promotional financial products" like "use your retirement to invest in crypto" some thing like that. Well, I think, ICO's facebook page must modify their posts and links to avoid outright banning from facebook. Facebook campaign may also be affected especially when you are sharing their promotional posts. Crypto world is getting tougher and tougher.

[krassy]

on facebook a lot of people are engaged in crypto-currencies, give useful advice, hold meetings and presentations, conduct news channels, are they also subject to sanctions? this is very bad news. and of course for the bounty hunters it's sad.

[edwardnortonn]

wow, this is sad news for the crypto currency world, the question is why did they do that ?

My options here are :


1) based on the amount of unmonitored scams happening on facebook related to the crypto world.

2) Mass control, they'r trying to keep people out of crypto world, because it may lead on them evading goverment controls over our money.

[Hopeful2017]

Facebook Gives Crypto Ads the Thumbs Down.

Facebook has issued an outright ban. As of a new ruling issued on January 30, “ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency”. The move is sure to be welcomed by Facebook users and bitcoin enthusiasts alike, who recognize that these adverts do little to promote the benefits of cryptocurrency.


https://web.facebook.com/policies/ads/prohibited_content/prohibited_financial_products_and_services

Why oh why? This means that even the Facebook campaigns in all bounties will also stop? What will happen to those newbies who are depending on Facebook campaigns, because ranking up here in the forum also became harder. ICO developers must make remedy to prevent tis. Facebook is their good way of spreading the news about their products and services.

[01BTC]

Facebook Gives Crypto Ads the Thumbs Down.

Facebook has issued an outright ban. As of a new ruling issued on January 30, “ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency”. The move is sure to be welcomed by Facebook users and bitcoin enthusiasts alike, who recognize that these adverts do little to promote the benefits of cryptocurrency.


https://web.facebook.com/policies/ads/prohibited_content/prohibited_financial_products_and_services

Yea and next we'll be putted in a chair with hands baack and we'll be allowed just to shake head ...

It's terrible that they think this way (even if some are spam...this will keep happening) and who is still looking at facebook likes for campaigns..

[Machine Funk]

Guys they have banned ads. Those ads you pay for when you boost your post or whatever. Those ads. They are not talking about a page you create or posts you make. It is like facebooks version of google adsense. The bounties will still be available and viable.

[linkHA]

Facebook's ban on ICO advertising is normal.
Because Facebook is limited to national laws, and it is well known that countries are planning to regulate ICO, Facebook could face legal problems if it continues to advertise.