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
Thankx @manishyadav007 bro for sharing useful knowledge
Ohh BAD!.
Great work keeep it up
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
Well i poat the same news here but i was not know u didi the same
Good work bro
Great news..Good for crypto market
nice info
Great lift from Facebook. They know the future of crypto.
Good job buddy
Social media makes great impact on marketing.
So facebook is most used social media plateform so it can change things.
upvoted you in return to your upvote, hope you follow me too
Let's continue to connect and build a relationships together on Steemit and bring value to eachother!
Sure
May be
thats a major problem of facebook they never use to ban unwanted things but they always come to ban a good things..
shame....
U right bro
nobody can ignore the blockchain technology
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@manishyadav007 I hope they revoked the ban...it's very good for trader's!!!
Facebook should connect to Blockchain bcz its own platform is unsafe ...nice blog bro
face book
Facebook is also trying to manipulate the crypto market.. it seems like mark zuckrbarg is a whale and he is making profits with manipulation. @steemitunity
sooner or later FB also realised that its time for crypto and no point walking against the wind so better to support. nice move FB.
Of course Facebook have to allow advertiser because without that Facebook will also lose revenue
Okk... thanks for sharing bro...
Sooner or later everyone has to accept block chain or u can say crypto currencies.its time demand now
Good news for all crypto lover...
Good news for crypto
Nice post
It takes u turn
This is because the amount of fake ico's scamming people nowdays
well feeling good to receive positive news on crypto. hope will receive some more positive news like this very soon
It's time for Facebook to join the Block chain technology .........
@manishyadav007 Definitely I would love to advertise crypto services in FB. I support FBs new policy.
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.
Congratulations @manishyadav007!
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