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Facebook Allows Advertising Cryptocurrencies

2018-06-27 12:30:55

#Cryptocurrency #Technology
Facebook Allows Advertising Cryptocurrencies

Facebook issued an addition to the policy about advertising financial products and services, where is stated that starting from June 26, the company allows publishing crypto advertising and relevant content, but with prior approval.

Projects willing to use this social network, should submit an application and attach all available licenses for conducting activity in the crypto industry. Facebook moved several months towards improving their policy, by enhancing possibilities of crypto advertisers in compliance with safety measures. The company reserves the right to modify the policy, is ready to get the feedback and continues researching the crypto technologies.

Facebook and Instagram banned ICO and cryptocurrency advertisement in the end of January. Thereat users found a way to bypass the restriction – they began using a popular spamming technique to substitute letters. In May it become known that Facebook created a group aimed on adoption of the blockchain technology.

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