Bitcoin latest: Facebook bans all advertesment promoting cryptocurrency amid fears they are used for fraud

as declared in 1/43 Designed with Pierpaolo Lazzarini from Italian firm Jet Capsule. is fuelled with 8 electric engines, that is enable to of push the flying object to an estimated highest speed of about 120mph. This is a produce preview of the Jaguar I-PACE, that going to be uncovered following year and on the road in 2018 AP19/43 Japan's On-Art Corp's CEO Kazuya Kanemaru poses with his company's 8 metre tall dinosaur-shaped mechanical suit robot 'TRX03' and other robots during a demonstration in Tokyo, Japan Reuters20/43 Japan's On-Art Corp's 8 metre tall dinosaur-shaped mechanical suit robot 'TRX03' Reuters21/43 Japan's On-Art Corp's 8 metre tall dinosaur-shaped mechanical suit robot 'TRX03' performs during its unveiling in Tokyo, Japan Reuters22/43 Singulato Motors co-founder and CEO Shen Haiyin poses in his company's concept motorcar Tigercar P0 at a workshop in Beijing, China Reuters23/43 The interior of Singulato Motors' concept motorcar Tigercar P0 at a workshop in Beijing, China Reuters24/43 Singulato Motors' concept motorcar Tigercar P0 Reuters25/43 A photo shows Singulato Motors' concept motorcar Tigercar P0 at a workshop in Beijing, China Reuters26/43 Connected firm president Shigeki Tomoyama addresses a press briefing as he elaborates on Toyota's "connected strategy" in Tokyo. In its facilities, JAXA develop satellites and analyse their observation data, train astronauts for utilization in the Japanese Experiment Module 'Kibo' of the International Space Station (ISS) and develop launch vehicles EPA39/43 The robot developed with Seed Solutions sings and dances to the music during the Japan Robot 7 days 2016 at Tokyo large Sight. At this biennial event, the participating companies exhibit their latest service robotic technologies and components Getty40/43 The robot developed with Seed Solutions sings and dances to music during the Japan Robot 7 days 2016 at Tokyo large Sight Getty41/43 Gov. and industry are working together on a robot-like autopilot system that can eliminate the want for a 2nd human pilot in the cockpit AP42/43 Aurora Flight Sciences' technicians work on an Aircrew Labor In-Cockpit Automantion System (ALIAS) device in the firm's Centaur aircraft at Manassas Airport in Manassas, Va. AP

Facebook bans cryptocurrency ads

Facebook (FB) told Tuesday that it's banning ads for bitcoin, premier coin offerings and others related to cryptocurrencies, whose meteoric hight final year caught many Businessmen and the financial industry with surprise. "We need people to still to find out and learn about new products and services out of Facebook advertesment without fear of scams or deception," he wrote. "That said, there are many companies who are advertising binary options, ICOs and cryptocurrencies that aren't currently operating in perfect faith." Facebook, that has come under fire for unsuccessful to weed out Russian operatives from its website during the presidential election, is making the policy intentionally broad as it works best announce deceptive and misleading ads. Even so, advertesment that violate Facebook's policy going to be banned from the social network's mobile app, its Instagram website and its Audience Network advertisement network, that provides advertesment on third-party apps.

Facebook block on bitcoin advertesment is the latest in a extremely bad day for cryptocurrencies

referring to A slew of negative reports chock the cryptocurrency world Tuesday. Facebook reported a block on ads for "binary options, premier coin offerings and cryptocurrency." Also on Tuesday, the unite states Securities and interchange Commission reported that a court of law confirmed an emergency asset freeze for AriseBank, that claimed it raised $600 mn in discounds of new digital coins. Bitcoin tumbled twelve % to a low near $9,810 on CoinDesk before recovering slightly, and all main cryptocurrencies purveyed off. Worries about regulation persist in east Asia, a main market for cryptocurrencies.

Facebook is banning all advertesment promoting cryptocurrencies — involving bitcoin and ICOs

That too means that "crypto-genius" James Altucher, whose advertesment have appeared all over the net and have become a meme of sorts for the entire crypto industry, won't be enable to of advertise on Facebook. Ads that violate the company's new policy going to be banned on Facebook's core app, however too in other places where Facebook purveys ads, involving Instagram and its advertisement network, Audience Network, that places advertesment on third-party apps. Look for blowback from entrepreneurs and Businessmen who discuss that the move unfairly punishes legitimate cryptocurrency companies and related crypto products. Facebook's board of directors includes 2 Businessmen — Marc Andreessen and Peter Thiel — whose firms have been prominent crypto backers. Facebook Messenger boss, David Marcus, is too on the board at the common crypto interchange Coinbase.

collected by :Roy Mark