The social network Facebook has banned the advertising of cryptocurrencies and ICO
He also acts on the Instagram social network in ads.
The new rules state that all news about cryptocurrencies and ICO posted in announcements is prohibited. This message was published by the company on the official page.
The Audience Network platform is also included in the list of online sources where cryptocurrency announcements and ICOs are prohibited. Even legally operating companies are no longer entitled to advertise about the cryptocurrencies with which they officially work. According to Facebook, cryptocurrencies mislead people.
Facebook emphasizes its concern for users. This measure, in their opinion, allows you to protect users from false information and fraud on the social network.
Cryptocurrency policy changes are also possible. But at the moment, Facebook does not have a tool for recognizing false and truthful sources of information, and until they are created, Facebook protects all information about cryptocurrencies in general.