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_servicesYes, now Facebook has tightened certain rules on cryptocurrency advertising on its pages. But, as before, this social advertising remains a great way for effective and affordable advertising. Personally, I myself continue to work with Facebook in this direction, although I had to learn additional rules.