Facebook softens Policy on Crypto and Blockchain Ads

[trackingdesk]

Few days ago, Facebook announce a new ad policy regarding crypto and blockhain.

Full article available on coindesk

The good news
- blockchain technology, industry news, educational content or events related to cryptocurrency will no longer require prior written approval.
- Other ads that promote cryptocurrency and closely related products, like cryptocurrency exchanges and mining software and hardware still need to go through a review process to obtain permission to go live on Facebook.

The "bad" news
- They will continue to ban ads related to token sales or initial coin offerings (ICOs), which come under a list of its prohibited products.

 

[Graybeard]

Why? The price (valuation) of Bitcoin actually went up
Or, the promises of Blockchain technology are starting to be adopted by mainstream for control factors