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Value Of Bitcoin Drops After Facebook’s Strict Action Against It

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Facebook’s new approach, which denies adverts identifying with cryptographic forms of money or initial coin offerings (ICO), has become an integral factor since they are ‘frequently connected with misleading or promotional practices’.

The two billion worth social group has seen a steep rise in cryptographic money related advertisements as Bitcoin costs have risen.viaThere are so many of the adverts that are feared to be scams and the commodity future trading commission (CFTC) has asked Bitfinex, a popular US-based website for buying and selling bitcoin and Tether.

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