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Facebook bans all crypto-currency ads

Facebook bans all crypto-currency ads Facebook has said it will block any advertising promoting crypto-currency products and services. The company said it was open to emerging technologies but many companies were not acting in "good faith" when extolling the virtues buying into virtual currencies. Recently, a wave of new currencies have emerged, seeking to piggyback Bitcoin's huge increase in value. Facebook urged users to report any ads the company's security measures missed. It admitted it would not always catch every ad for a crypto-currency. “We want...