Instagram bans ICO and crypto ads! Following Facebook, it has forbidden everybody to place on its site any information which referrers to ICO projects. You will not see any news about it there.
Your position?
And so did Facebook. Your position?
Who cares? It's probably good for the users in my opinion because a lot of people perceive crypto as only useful as a speculative asset because of the ads that have been placed on instagram/facebook. And a lot of them were scam ads like Bitconnect, regalcoin, monetizecoin, etc.
Crypto advertising is by no means dead. Bitcointalk advertisements are still thriving.
It shouldn't have any long term effects on crypto whatsoever. Nothing to worry about.