Facebook is banning all ads related to Bitcoin, cryptocurrencies and ICOs after trying to fight fraud.
The new rule "forbids financial products and services that are often accompanied by fraudulent practices or fraudulent promotions, such as binary options, ICOs, and cryptocurrencies."
In a post, Facebook Product Management Director Rob Leathern suggested that Facebook could change policies to allow the advertising of legitimate business-related to cryptocurrencies.
"We want people to continue to discover and learn about new products and services through Facebook ads without fear of scams. There are many companies that advertise binary, ICO, and cryptocurrencies options that do not currently work in good faith. "
