Facebook has announced that it will be ban ICO and cryptocurrency ads. While others are trying to integrate the crypto-phenomenon that is becoming more and more popular, Facebook puts a ban on it.
The reason is: due to misleading promotional practices. Many companies use one of the most popular social networks, to put misleading and very promising announcements about financial independence, just invest or start trading with cryptocoins. The announcement also encourages facebook users to help to get rid of such announcements.