Leathern described the policy as “intentionally broad”, and promised that it would be revisited over time as Facebook learns to “better detect deceptive and misleading advertising practices”. Facebook has updated its list of prohibited content to include all advertisements for cryptocurrencies because they are often " associated with misleading or deceptive promotional practices " . The ban extends to Instagram and external Facebook websites as well as the platform itself . Rob Leathern , a product management director at Facebook , said the policy would be reviewed over time . The Financial Conduct Authority announced in December that it would increase scrutiny of cryptocurrencies . In January , the Office of the US Securities and Exchange Commission set its staff to " high alert " for initial coin offerings that may conflict with securities regulations .
Facebook has updated its list of prohibited content to include all advertisements for cryptocurrencies because they are often " associated with misleading or deceptive promotional practices " . The ban extends to Instagram and external Facebook websites as well as the platform itself . Rob Leathern , a product management director at Facebook , said the policy would be reviewed over time . The Financial Conduct Authority announced in December that it would increase scrutiny of cryptocurrencies . In January , the Office of the US Securities and Exchange Commission set its staff to " high alert " for initial coin offerings that may conflict with securities regulations .