February 4, 2018

The new policy will be implemented across its platforms, including Facebook, Audience Network and Instagram.

On Tuesday, Facebook Inc said it'll ban ads promoting financial products & services tied to crypto-currencies & initial coin offerings.

"We have created a new policy that prohibits ads that promote financial products & services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, & crypto-currency," Facebook's product management director, Rob Leathern, said.

The new policy'll be implemented across its platforms, including Facebook, Audience Network & Instagram, the company said.

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