MetaUpdates to Our Prohibited Financial Products and Services Policy
Summary
In January, Facebook announced a broad policy to prohibit ads for financial products like binary options, ICOs, and cryptocurrency due to misleading practices. After refining, starting June 26, they will update the policy to allow cryptocurrency ads from pre-approved advertisers while still banning binary options and ICOs. Advertisers must submit an application showing licenses, public stock exchange trading, and other background.
Facebook will continue to monitor and revise the policy based on feedback and technology study to prevent misleading ads.
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