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February 10, 2018 09:26 pm GMT

Facebook ban on cryptocurrency ads curbs education. Bad actors still thrive.

What's the difference between BITCOIN and BITC0IN? 

Well, using latter might help you reach millions of people thanks to Facebook's poorly enforced rules of advertising cryptocurrencies. 

SEE ALSO: Facebook bans cryptocurrency ads due to frequent fraud

Facebook announced last month that it would begin 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."

But like many Facebook updates and actions, it's far from perfect. Tech founder Matthieu Suiche pointed out this Facebook ad last week that successfully broke through the rules by using "BITC0IN" in the shared text and article headline.  Read more...

More about Facebook, Bitcoin, Blockchain, Online Ads, and Cryptocurrency

Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/cv_rvSZoccg/

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