An official from Manitoba Securities Commission in Canada is pleased with Facebook decision on banning Crypto ads across social media.
The officials are now busy talking with Google regarding ads because they think these ads are leading people to become victims at the Online marketplace. They are also suggesting that Google should ban ads based on crypto and ICO’s.
A statement by a Senior Official on ICO’s and Crypto ads :
There’s just been an explosion of different ICOs and new tokens and crazy offerings. You’re seeing ICOs that are raising large amounts of money and there’s nothing behind them in certain cases, but members of the public are so hyped that they’re throwing money at them.