Prime

Facebook bans ads for cryptocurrencies

Facebook Inc said on Tuesday it will ban ads promoting financial products and services tied to cryptocurrencies and initial coin offerings. FILE PHOTO | NMG

By  AFP

Facebook says it is banning all ads related to cryptocurrencies in an effort to fight scams.

The social media giant said it is barring ads for "financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings and cryptocurrency."

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.

Get it First!

Stay up to date on the editors' picks of the week.

Latest

  1. gavel-money

    PRIME Mauritius bank wins lengthy Sh841m loan fight with Kenyan oil marketer

  2. PRIME Kenyan marketer claims Sh450m on fallout with South African wine maker

  3. PRIME CBK fines record 33 banks for loan rate breaches

  4. PRIME Fraud-linked QVSE owner returns with new scheme

In the headlines

View All