Facebook social network prohibits all ads associated with virtual currency. This ad includes, among other things, the promotion of virtual currency, initial coin offerings (ICO) and binary options.
According to facebook, these ads are often associated with promotional practices that are considered deceptive and misleading. facebook has now been sorting out these misleading advertisements, which are presented by companies that operated poorly as well.
Facebook and all entities, including instagram, does not allow ads that use phrases like "Use your pension funds to buy Bitcoin" or that promote binary option trading.
There are a number of companies that raise capital through ICO, but the fact that the company does not have any business. The regulator, the Securities and Exchange Commission of the United States (SEC) recently froze assets that conduct fictitious ICOs through AriseBank.
However, the enthusiasm for bitcoin and other virtual currencies has spawned a number of millionaires and millionaires. Some companies also jumped because the stock claims associated with the virtual currency, sometimes just because the name alone.
Some time ago, Facebook CEO Mark Zuckerberg expressed interest in studying virtual currency and decentralized technology. This is one attempt to fix the problems on Facebook.