Facebook has announced the ban on all cryptocurrency ads, as the companies use the most popular social network to publish fraudulent or at least not completely adequate ads promising incredible wealth within the shortest time for all who will invest in cryptocoins.
Hence, Facebook users may breathe with relief. They will not be imposed ads about investment paradise with cryptocoins, ICOs and so on.
The reactions in Twitter were different. Some users were pointing out that Zuckerberg was interested to get know more about blockchain and now is banning all connected with it. Others react with understanding, insisting that too many users have suffered from crypto-scams and ads even from reliable companies are misleading.
For now, Facebook blocks all ads that have tags connected with cryptocurrency and the blockchain.