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Topic: Facebook ban all cryptocurrency advertising (Read 120 times)

newbie
Activity: 71
Merit: 0
February 01, 2018, 04:08:31 AM
#1
I'm sure you have all noticed cryptocurrency and ico related ads on facebook as of late.

However now, in a new move by facebook, they are now banning all cryptocurrency and ICO advertising - including ads relating to Bitcoin.

https://techcrunch.com/2018/01/30/facebook-is-banning-cryptocurrency-and-ico-ads/


The move came yesterday and unfortunately all my ad campaigns for our ICO were suspended.



What do you think the motivation is behind this move?

They claim its to fight fraud and deceptive adverts, but the amount of money they must be losing from this decision will be huge. It does make me wonder if that is their true intention.

Government bribery/intervention perhaps?
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