Published: Wed, January 31, 2018
Markets | By Noel Gibbs

Facebook to ban advertisements related to cryptocurrency, ICOs

Facebook to ban advertisements related to cryptocurrency, ICOs

Facebook says it is banning ads for financial products often associated with deceptive practices, including those involving cryptocurrencies such as bitcoin.

Facebook has added a new section to its list of prohibited content that users can not advertise - cryptocurrency.

In a post today, Facebook announced that it banned cryptocurrency ads and ads for initial coin offerings (ICOs) and also ads for other financial products such as binary options. Facebook said they will revisit its decision and how they enforce it once their "signals improve". We also understand that we may not catch every ad that should be removed under this new policy, and encourage our community to report content that violates our Advertising Policies.

RNC wont return money from Steve Wynn yet, despite sexual harassment claims
The shares recently went down by -10.12% or -$20.31 and now trades at $180.29. (NASDAQ:VSAR) for 120,500 shares. Wynn Resorts, Limited develops, owns, and operates destination casino resorts. $1,979 worth of Versartis, Inc.


Facebook urged users to report any ads the company's security measures missed. It applies to other Facebook-owned properties and anywhere the company sells ads.

It's not clear whether the policy has already been enforced, but some of the types of advertisements Facebook intends to target are still on the platform.

In the past few years, interest in cryptocurrency shoot up. "But they come with the risk of being harder to control", he wrote.

Trump Signs Order To Keep Guantanamo Bay Detention Center Open
Though, one aspect not noted in Trump's SOTU is the administration's support of possibly bringing more detainees to the prison. Transferring an ISIS fighter to the base would nearly certainly invite immediate legal challenges.


The news marks the latest development in a stream of changes the social network has made or committed to. Scammers are using this instability to dupe as many people as they can.

As worries spread among users, Japanese police warned of scams involving withdrawals of the cryptocurrency as it has found a Twitter account resembling the official Coincheck account which has tweeted false information possibly meant to defraud money from users. This after hackers stole some 500 million NEM tokens worth around $532 million, the biggest ever theft from a cryptocurrency exchange. Cointelegraph reported that hackers stole the coins through transactions from a "hot wallet".

A hot wallet is a checking account for cryptocurrencies that helps with coin transfers.

Super Blue Blood Moon
It'll be a long wait for skywatchers in the USA as Johnston predicts the next visible lunar eclipse will be on January 21, 2019. According to NASA , people living in North America, Alaska, or Hawaii, the eclipse will be visible before sunrise on January 31.


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