Re: Facebook is banning all ads promoting cryptocurrencies, including ICOs

Guys what can you say about this article spreading in fb that fb will going to ban all the advertisements which related to bitcoin and other crypto currencies including ICOs?

Please read article: https://www.cnbc.com/2018/01/30/facebook-cryptocurrency-ads-banned--including-bitcoin-and-icos.html?__source=facebook%7Cnow

I am worried if this is F U D.

Quote from: nsiman on January 31, 2018, 08:50:37 AM

Let's wait for official confirmation from the Facebook media desk....

I am waiting for him.

It has been confirmed : https://www.facebook.com/business/news/new-ads-policy-improving-integrity-and-security-of-financial-product-and-services-ads

It needed to be done, we need more ICO standards and people to be smarter. If people weren't investing in coins like bitconnect then we wouldn't run into this problem. Adoption is great, but at the same time when you have more people investing and entering the space you have a lot of people buying coins without researching.

This is a bad news for cryptocurrency because facebook is one of the best site to promote and advertise the ICO and other things in crypto world. This could be a big effect and make popularization get slow but hoping that many people continuous helping crypto currency to promote in other forum site and other social media sites.