Facebook is doing its part to stop the proliferation of virtual currencies. It seems like they do not want to embrace the new technology. This is very good news for Steemit, which relies on its virtual currency Steem.
Examples of such ads that would no longer be allowed: "Use your retirement funds to buy Bitcoin!” and “Click here to learn about our no-risk cryptocurrency that enables instant payments to anyone in the world.”
Here virtual currencies can promote their projects still and have an audience that understands something about the technology.
It is a pity though that the number of cryptoenthusiasts is throttled by Facebook, a dying, strictly censored platform.
Sources:
https://www.thesun.co.uk/tech/5464980/facebook-bitcoin-ads-banned-cryptocurrency-zuckerberg/
https://www.usatoday.com/story/tech/talkingtech/2018/01/31/facebook-says-no-cryptocurrency-ads-citing-misleading-and-deceptive-practices/1082117001/
