Facebook bans cryptocurrency ads..

[developer101dev]

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

In my own opinion, the only reason why facebook is banning cryptocurrency advertisements is because of the other ico's who are just scamming their investors and facebook does not want to be connected on a scam.

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[superstarbtc]

good news facebook reopens cryptocurrency ads and but ban on ico coins still exist so facebook is supportive towards cryptocurrency which is a good move all together

[adammessi340]

As being one of the giants in the world in terms of the user base, Facebook has so many users that if it were a country it could be compared to China, the reason I'm telling you this is because facebook banning cryptocurrencies has an adverse effect as many of the world's leading governments will also follow its path.

[Olgdanil]

Facebook has already canceled the blocking of crypto currency advertising, is actively hiring blockchain of programmers to work. I think that facebook is preparing to launch its crypto currency.

[kimma16200]

This is very good. People cannot just use a whitepage to collect money. A good project at least should have their products (alpha product) to do their advertisement. Facebook is helping this new market to grow health and live longer. Be cool! guys.

[Rlyn]

I'm not really sure about this because i still saw some ads about crypto. In my opinion ithey should not ban it because it is also a good opportunity for them to earn profit 😂

[ZirconiumX]

It is normal that Facebooks banning cryptocurrecny ads and those who spams about new ICOs, because mostly it is bot spamming. They so not want to be as Twitter or Instagram - heaven for bots sending messages about what you should buy

[percent]

I thought one of the Facebook team just left to join a crypto? Can't seem to find it now...
Anyway, Facebook have rescinded their advertising ban for cryptos. In my estimation, they are hugely involved in their own projects and will now
be able to control the narrative.

[Bilipus]

Well, first of all in Facebook, not all accounts of banels that are associated with crypto-currency, only those accounts that endlessly spammed the information were banned, with all this for free and at the same time mostly spam projects were advertised. But already this is not strictly treated, only those who spam a lot of spam

[Thai19]

why? " Facebook bans cryptocurrency ads.."  It is an information network that can be shared to many people.

[lala.dida]

Facebook is not against on advertising cryptocurrencies in their site , in fact some company still advertise their platforms using facebook. Facebook only banned those spam the links of cryptos in their channels.

[sunrise.now]

Maybe they are trying to limit themselves from fraud on the part of the same ICO, but everyone understands that the future is crypto-currency, and by limiting themselves, they remain in place.

[smile226688]

Yes, this event is really very, very sad, because after all many projects allocate special money for participation in the programs of support of projects. But now let's hope that the budget does not decrease from this

[nealdlover]

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

That is one of the reasons why ICO projects are becoming less and making their capital inflows drastically reduced. I think facebook has greatly influenced the development of ICO projects and made the Crypto market less attractive.
Hopefully in the future they will change their mindset and support the Cryptocurrency advertising.

[chio.pino]

I am shocked they did this because it is quick easy money for them. But I am happy the fact that I will see less spammy adverts from ICOs that I am not interested in.

[katawan4741]

There are some reason why facebook issued bannng for crypto ads epecially those promoting their project eith multiple peoe involve that cpuld lead to facebook's server clogging. But as far as i know facebook recently reversed their banning issue for crypto ads.

[hung.pham100]

As being one of the giants in the world in terms of the user base, Facebook has so many users that if it were a country it could be compared to China, the reason I'm telling you this is because facebook banning cryptocurrencies has an adverse effect as many of the world's leading governments will also follow its path.

[otis.nolan]

This is very good. People cannot just use a whitepage to collect money. A good project at least should have their products (alpha product) to do their advertisement. Facebook is helping this new market to grow health and live longer. Be cool! guys.

[bizzargin]

Yes, Facebook can really ban for advertising. But mostly ban is for ICOs. Due to the fact that 80% of all ICOs is Scam.

[podimanikee]

On the off chance that that is in this way, well, I think Facebook Campaigns wouldn't be compelling at that point. I can envision that one of our sources we're vanishing and it's not suitable that they are generally blurring. These are our approaches to procure and spare, and yt they'd halted it. However, I figure it will in any case proceed. Possibly, Facebook is simply investigating Facebook clients who they believe are spamming. I as of now encounter once at that point, I'm sharing Posts and posting my status about a specific ICO and afterward there's a warning that says they erased those posts for they imagine that it's a method for spamming. Thus, immediately, I quit doing Facebook Campaigns and I simply thought with signature crusades.