Facebook is banning all ads promoting cryptocurrencies — including bitcoin and ICOs
No advertiser will be able to promote things like bitcoin and other cryptocurrencies, initial coin offerings — ICOs for short — or binary options.
That also means that "crypto-genius" James Altucher, whose ads have appeared all over the internet and have become a meme of sorts for the entire crypto industry, won't be able to advertise on Facebook.
Ads that violate the company's new policy will be banned on Facebook's core app
Why would FB do this? Crypto is hot right now!!!
Because Facebook is coming out with their own Crypto. Whoppers aren't advertised in McD's. :-). Facebook is trying to duplicate what Steem has already going as well.