{"id":859809,"date":"2018-01-31T03:59:00","date_gmt":"2018-01-31T01:59:00","guid":{"rendered":"http:\/\/nhub.news\/?p=859809"},"modified":"2018-01-31T12:15:09","modified_gmt":"2018-01-31T10:15:09","slug":"suspicion-of-villainy-leads-facebook-to-ban-cryptocoin-ads","status":"publish","type":"post","link":"http:\/\/nhub.news\/ru\/2018\/01\/suspicion-of-villainy-leads-facebook-to-ban-cryptocoin-ads\/","title":{"rendered":"Suspicion of villainy leads Facebook to ban cryptocoin ads"},"content":{"rendered":"

\u2018Many companies advertising ICOs and cryptocurrencies are not operating in good faith\u2019<\/b>
\nFacebook\u2019s banned ads for cryptocurrencies from its platform, on suspicion that plenty of them will be placed by scammers.
A new Clause 29 in the \u201cProhibited Content\u201d section of its Advertising Policies says \u201cAds 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.\u201d
The Social Network\u2122 offered the following examples of ads it won\u2019t run:
In a post by product management director Rob Leathern, the company says the policy is designed to stop ads about \u201cfinancial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings and cryptocurrency.\u201d
\u201cWe want people to continue to discover and learn about new products and services through Facebook ads without fear of scams or deception,\u201d Leathern wrote. \u201cThat said, there are many companies who are advertising binary options, ICOs and cryptocurrencies that are not currently operating in good faith.\u201d
\u201cThis policy is intentionally broad while we work to better detect deceptive and misleading advertising practices,\u201d Leathern added, noting that it won\u2019t block every ad and promising the policy will be revised \u201cas our signals improve.\u201d
The signal of most interest in this tale may well be Facebook\u2019s assessment that the cryptocurrency community is currently a wretched hive of scum and villainy rife with scams from which its users must be protected. It\u2019s often been observed that Bitcoin seems most-loved by entities that enjoy having their financial dealings hidden. Facebook labelling promoters of similar instruments likely scams won\u2019t do anything to improve that perception. \u00ae
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