Facebook unbanning crypto-ads!
The day has come when Mark Zuckerberg changed his mind. First, he banned crypto-ads from Facebook, not only cryptocurrency exchange platforms, cryptocurrencies and tokens but also ICO (Initial Coin Offering) and binary options.
As you can read in the statement, the company during that time was looking for the best way to “refine” its ban on crypto-related advertising, to “allow some ads while also working to ensure that they’re safe”.
New, revised “prohibited products and services policy,” says:
If you have a company connected with blockchain technology and cryptocurrencies and you’re planning to advertise it on Facebook, you have to keep in mind a few things! To start promotion, you will have to submit an application to allow Facebook to assess your company’s eligibility. Applicants are instructed to include “any licenses they have obtained, whether they are traded on a public stock exchange, and other relevant public background on their business.”
After that, not everyone will get permission to promote its company or project. Facebook admits that will listen to feedback and revise its policy over time.
How will it work? I guess the time will tell!
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