Facebook Moves to Ban Cryptocurrency Ads, Calling Them “Misleading or Deceptive”

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If you’re still deciding whether or not to invest in cryptocurrency, Facebook just threw another monkey wrench into the discussion. They have decided to ban cryptocurrency ads, believing that they are “misleading or deceptive.” Facebook’s Announcement The social network gave an update to its advertising policies on Tuesday. In the update they are banning ads for bitcoin, initial coin offerings, binary options, and other cryptocurrencies. In an explanation of the new policy, Rob Leathern, Faccebook’s product management director, said that the cryptocurrency advertisers are “frequently associated with misleading or deceptive promotional practices,” and there’s a possibility they are not “operating

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