Facebook is banning advertisers from tunning apps which promote cryptocurrencies on their platform.The firm has launched a new policy which prohibits ads that are tied to deceptive and promotional practices -- with cryptocurrencies being singled out.Facebook offers as an example of banned ads, ads which say things like "Use your retirement funds to buy Bitcoin", and "Start binary options trading now and receive a 10-risk free trades bonus"."There are many companies who are advertising binary options, ICOs and cryptocurrencies that are not currently operating in good faith". explains Rob Leathern, Product Management Director for Facebook, "This policy is intentionally broad while we work to better detect deceptive and misleading advertising practices, and enforcement will begin to ramp up across our platforms including Facebook, Audience Network and Instagram. We will revisit this policy and how we enforce it as our signals improve."Cryptocurrencies have currently been on the r...
