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Facebook further easing cryptocurrency advertisement guidelines

  • The social media giant has once again eased its policies regarding cryptocurrency advertisements.
  • A move not being too surprising given Facebook’s big step into the sector.

 

Social media giant Facebook made the decision to reverse another part of its restrictions on cryptocurrency-related advertising. They will however continue its sweeping ban on any ads that are linked to ICOs and binary options.

The ad policy tweak is effective, Facebook is narrowing its policy, so that no longer will they need to pre-approve ads related to blockchain technology, industry news, education or events related to cryptocurrency.

As a recap, Facebook in June 2018 eased the rules around its sweeping ban on adverts promoting cryptocurrency products and services. It allowed start-ups to use advertising to promote their crypto offerings, however, they have to submit an application to assess their eligibility.

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