Facebook lifts ban on cryptocurrency and ICO related ads

On January Facebook,the largest social networking site declared that they will be banning all the ads related to cryptocurrency and initial coin offerings .But recently now they have reverted back their decision and said that there will be no such ban.Their product manager official said "Advertisers wanting to run ads for cryptocurrency products and services must submit an application to help us assess their eligibility — including any licenses they have obtained, whether they are traded on a public stock exchange, and other relevant public background on their business. Given these restrictions, not everyone who wants to advertise will be able to do so. But we’ll listen to feedback, look at how well this policy works and continue to study this technology so that, if necessary, we can revise it over time."

Check this link to get full info https://www.facebook.com/business/news/updates-to-our-prohibited-financial-products-and-services-policy

They have come to know that cryptocurrency is the full potential world for huge revenue .That's the reason I think they lifted the ban.
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