FACEBOOK RENOUNCING BAN ON CRYPTOCURRENCY ADS.
On January 30th of this year, Facebook launched an effort to ban all cryptocurrency-related advertising on their platform in an attempt to protect naïve social media users from falling victim to the scams running rampant in the industry.
Now, just a few months after the ban, it appears that Facebook is loosening their restrictions, allowing certain preapproved advertisers to promote cryptocurrency-related campaigns once again.
This exception will allow legitimate cryptocurrency businesses and services such as exchanges to be advertised, though the services most associated with scams, like ICOs and binary options, will still be prohibited.
Even after the gut-wrenching price correction earlier this year, cryptocurrency remains a popular, developing industry with many potential advertisers to profit from. As long as Facebook can prevent its users from being lured into exit scams, they are going to happily accept the crypto-related ad revenue.
Are you interested in advertising crypto services on Facebook?
What do you think of Facebook’s new policy?
Now we can hope that facebook may connect to blockchain...
@manishyadav007, I think Facebook uses google add. When I was not into cyrpto then it use to some me some generic adds. But since one year I am searching about crypto and FB started showing me advertisements of ICO's and other crypto exchanges.
But its a great step if FB blocks crypto related adds from their site. This will protect may user's in loosing their money.
But they can't
May be
Is it really going to happen
Bahot badiya bro aap bahot aage jaoge
@manishyadav007 its big effect in crypto market for this news.
many ponzi scheme loot innocent people assets , and facebook become door for them
Exactly
Facebook will be the best way to advertise
So sad ab kya hoga cryptocurrency ka
It really great platform to advertise crypto services we can reach easily to 10k+ peoples through fb
Indeed bro