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_servicesTo me I feel that facebook is being threatened by the power this new technology offers. They are adjusting to the institutions who see cryptocurrency as a threat to their monopoly. Maybe they know that a new financial order is about to emerge and are doing all they can to stop it.