Facebook Takes Unprecedented Stance Against CryptoCurrency with New Ban
Jan 31, 2018, 04:35
Facebook is banning all ads that promote cryptocurrencies, including bitcoin, in an effort to prevent people from advertising what the company is calling "financial products and services frequently associated with misleading or deceptive promotional practices".
Bitcoin's value skyrocketed from just under $1000 to almost $14,000 per coin in 2017, prompting a wave of new investors and alternative cryptocurrencies coupled with a wave of opportunists looking to take advantage of crypto neophytes.
This Facebook blog post says it all - and as we understand, this means no advertiser, even those who are legitimately running businesses that involve bitcoin and ICOs can not promote their cryptocurrency offerings. It also means that Instagram and Facebook's third-party ad network, called Audience Network, is off limits.
While Facebook views cryptocurrency ads as being mostly misleading, the company is not against cryptocurrencies themselves according to BBC News.
The cryptocurrency boom/bubble has led to scams and wild price fluctuations that have cost a lot of people - including unsophisticated investors - a lot of money. He suggested that the policy could be changed in the future, although he didn't provide any kind of timeline, saying that as the company gets better at detecting and removing bad ads, the company "will revisit this policy and how we enforce it". Scams are illegal, but gambling on investments you don't understand is not.
The major spike in prices previous year of bitcoin and many alternative cryptocurrencies has sparked a surge of interest among investors and companies of all kinds. We hope that this move from Facebook won't make the cryptocurrency business look illegal, as it wasn't in the very first place.
No group has claimed responsibility for the attack, but the government officials blamed it on the Yemen-based Al Qaeda branch. The STC this month called on Hadi to make changes in his government, accusing him of corruption and mismanagement.
We've heard about Apple's planned iPhone triple threat before, both from Kuo and other reports coming out of Asia. Reuters could not immediately reach Apple's USA headquarters for comment outside regular business hours.
Salcido will not be able to go to the classroom and "all the results will be pending the investigation", Aguilera-Fort said. According to CBS 2 Los Angeles , Salcido was removed from all committees on the Pico Rivera City Council over his remarks.
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Puigdemont, who this month won support of the pro-independence forces in the region to try and form a government. Torrent's decision immediately led to tensions among the three pro-independence political parties.
The US leader has repeatedly called the allegations "fake news" and claimed the FBI was biased in pursuing the investigation. Mrs Clinton was cleared of criminal wrongdoing in her misuse of a personal email server while serving as secretary of state.
ATM operators", the blog says. "This represents the first confirmed cases of losses due to logical attacks in the US". ATMs operating on the now unsupported Windows XP operating system are particularly at risk from jackpotting.
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For all the benefits of technology it's unlikely to stop players from making desperate tackles in the heat of the moment. But they have to protect the players ", Pep told reporters after the final whistle.
Rough seas are reported in the area by forecasters, although the wind is relatively light and visibility is clear. The empty boat was found on the sand in Hossegor in southern France, the Associated Press said.
Chris Stapleton will bring summer tour to Boston area
The show in Billings is part of Stapleton's "All-American Road Show" that includes performances in NY and Los Angeles. In 2017, Stapleton released two discs, " From A Room: Volume 1 " in May and " From A Room: Volume 2 " in December.