Value Of Bitcoin Drops After Facebook’s Strict Action Against It
Facebook's new approach, which denies adverts identifying with cryptographic forms of money or initial coin offerings (ICO), has become an integral factor since they are 'frequently connected with misleading or promotional practices'. The two billion worth social group has seen a steep rise in cryptographic money related advertisements as Bitcoin costs have risen.
Bitcoin Boom Exploited By The Scammers
Bitcoin and other cryptocurrencies are facing major observations while the investors are putting their money on it. They are still unaware of the risk they are under when it comes to cryptocurrency and the boom is exploited by scammers.
What Type Of Adverts Are Banned
Advertisements which will include phrases like “New ICO” buy tokens at a 15% discount rate using your retirement funds to buy bitcoin will be banned.