Facebook bans ads tied to bitcoin and other cryptocurrencies

Business / Tech Jan 31, 2018

Facebook bans ads tied to bitcoin and other cryptocurrencies

Facebook Inc. is banning ads on its social network that promote cryptocurrencies, initial coin offerings and binary options, saying they're "frequently associated with misleading or deceptive promotional practices." The announcement came after about ¥58 billion ($532 million) in cryptocurrency was stolen from Tokyo-based virtual currency ...