Facebook will remove advertising crypto currency

Under the banhammer will fall advertisements crypto-birz, binary options, ICO, blocking technologies and everything else that has something to do with crypto-currencies. Have not avoided bitcoin.

For what services

Facebook's position corresponds to the position of many states on the account of the initial offering of coins (ICO) and virtual currencies in general. The company fears that on the wave of popularity of bitcoin, fraud will increase, and this contradicts the principles of the social network regarding advertising, which should be as reliable as possible.

"We have adopted a new policy banning the advertising of financial products and services, which are often associated with misleading or deceptive activities: binary options, primary offers of coins and crypto currency," the statement said in a Facebook statement.

The new rules also apply to Instagram.

Source: Engadget