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January 31, 2018 11:38 am GMT

Facebook bans cryptocurrency ads due to frequent fraud

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Those cryptocurrency ads that promise to make you rich in a matter of days? You won't see them on Facebook any more. 

The company added a new advertising policy Tuesday, prohibiting ads promoting "financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency."

SEE ALSO: Bananacoin, Titcoin, and Trumpcoin: These are the craziest cryptocurrencies out there Read more...

More about Facebook, Ads, Bitcoin, Ethereum, and Cryptocurrency

Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/o_-RHoAKkRg/

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