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Facebook Regulates Ads Amid Bitcoin Boom

Facebook Regulates Ads Amid Bitcoin Boom

January 31, 2018

Via: Ad Age

Facebook on Tuesday took a proactive step to block ads related to cryptocurrencies, underscoring a broader effort to reshape its image amid previous controversies involving Russian ads and fake news.

Although Bitcoin is perhaps the most well-known of all cryptocurrencies, there are thousands of so-called “alt-coins.” Many attempt to solve real-world business problems, but a sizable amount have no actual product or team, and merely attempt to swindle newcomers hellbent on getting rich quick.

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