Facebook have it new policy pertaining to initial coins offerings 'ICOs' . The policy specifically prohibits ads that promote ICO on it platform.
The banned is due to the fact there are so many companies who are advertising ICOs that are not currently operating in good standards and faith.
In the meantime, Facebook is encouraging people to report content that violates this new policy.
What effect do you think this will have on ICOs and future of cryptocurrencies?
It is fine actually that they are banning ico's on facebook because it is a social media that was made for people to show their wealth profile and job's , its like show casing everything you have socially and its not about politics or advertisements so its fine if they ban ico's advertisements.