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It makes Twitter just the latest tech giant to ban a crackdown intended to protect. Reddit has reportedly banned crypto ads As was expected, the company joins Facebook and Google in a crackdown faceebook to protect consumers consumer protection.
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| Will litecoin ever reach bitcoin | In a blog post announcing the news, Facebook product management director Rob Leathern suggested Facebook may tweak the policy at some point in the future to let legitimate crypto-related businesses advertise again. The ban will be rolled out starting Tuesday and will be full enforceable for all advertisers within about a month. But the digital currency, which is now named Diem and is run by an independent association, remains unreleased to the public. Last year, for example, ProPublica reported that Facebook allowed advertisers to exclude users by race. VIDEO The reason is ads for those things are "frequently associated with misleading or deceptive promotional practices," Rob Leathern, product management director for Facebook ads, said in a blog post. Investing in cryptocurrency is a risky endeavor, and don't let anyone tell you otherwise. |
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Why Facebook�s Libra Cryptocurrency Is In TroubleFacebook is cracking down on cryptocurrencies by using one of its most powerful tools: access to its massive advertising megaphone. If you plan to run ads that promote the trading of cryptocurrency or related products and services, you'll need to meet our eligibility requirements. The ban had prevented start-ups in the cryptocurrency and blockchain fields to promote their work and reach potential customers on Facebook and Instagram.
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