Facebook Gives Crypto Ads the Thumbs Down.
Facebook has issued an outright ban. As of a new ruling issued on January 30, ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency. The move is sure to be welcomed by Facebook users and bitcoin enthusiasts alike, who recognize that these adverts do little to promote the benefits of cryptocurrency.
https://web.facebook.com/policies/ads/prohibited_content/prohibited_financial_products_and_servicesI have heard of it before and still find some ads made by individuals on facebook which I know is too hard to control. Most of the biggest ICO ads are not posted in facebook anymore. It is actually a disadvantage for beginners because it is another tool for them to learn about Icos. I hope it would be the last banning of bitcoin in social media sites.