Under the new policy, the company will ban ads for unregulated or speculative financial products like
binary options, cryptocurrency and financial spread betting among others, according to Reuters.
The internet-search giant is also restricting ads for financial products including
binary options, a risky derivative with an all-or-nothing payoff.
The policy, to be rolled out in June this year, will also ban ads for
binary options and synonymous products, cryptocurrencies and related content (including but not limited to initial coin offerings, cryptocurrency exchanges, cryptocurrency wallets, and cryptocurrency trading advice).
Alphabet Inc's Google said on Wednesday it will ban advertisements for unregulated or speculative financial products like
binary options, cryptocurrency and financial spread betting among others.
In addition, ads for the following will no longer be allowed to serve
binary options and synonymous products and cryptocurrencies and related content including but not limited to initial coin offerings, cryptocurrency exchanges, cryptocurrency wallets, and cryptocurrency trading advice.
The referendum conditions, set up by Parliament, which included the
binary options of Remain or Leave (only), do not allow it.
London: The FCA published a list of 94 firms without FCA authorisation that it understands to be offering
binary options trading to UK consumers.
Facebook announced that the company would prohibit "ads that promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as
binary options, initial coin offerings and cryptocurrency.
They may be claiming to offer investments in something like
binary options, foreign exchange or cryptocurrencies such as Bitcoin, the regulator said.
Facebook said in a post on its website this week that it was banning all advertising that "promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as
binary options, initial coin offerings and cryptocurrency".
com/business/news/new-ads-policy-improving-integrity-and-security-of-financial-product-and-services-ads) post "there are many companies who are advertising
binary options, ICOs and cryptocurrencies that are not currently operating in good faith.
Facebook has banned ads that promote initial coin offerings (ICOs), cryptocurrency like Bitcoin and
binary options trading from its platforms, including Instagram, Audience Network and Messenger.
