Facebook allows the promotion of CryptoCurrency..
Meanwhile, the prohibition of advertising on ICOs has not yet been lifted..
Companies such as telecommunications companies are now opening their way to promoting and promoting their business..
In January this year, when Bitcoin prices went up, Facebook was forbidden to advertise CryptoCurrencies to prevent the spread of deceptive advertising..
Extraterrestrial companies must provide a license to buy and sell in the securities market or other business areas to start advertising on Facebook..
The uptrend of the bitcoin growth stopped in late 2017 after a $ 20,000 breakdown, and a downward trend. And at the time of the announcement, this bitcoin trades at around $ 6,000..
It's also interesting to note that: The strange growth of the CryptoCurrency market in December and the influx of enthusiasts in the area raised false accusations by fake currency advertising, which Facebook reacted to by banning advertising. After #Facebook, large companies such as #Google, #Twitter and #Snapchat have also implemented the ban to advertise the trademark..
With all these interpretations, many people believe in CryptoCurrency , and allowing Facebook to do ads is not unreasonable..
The CryptoCurrency market is becoming more attractive than ever before, and as Facebook does not endanger its users, it will make digital advertising profitable and attractive..
It seems that Facebook does not see the other currency as contradictory to the law..
Not to mention that the company will formulate its team to investigate the #Blockchain , and will have a profound look at CryptoCurrency issues in the future..
Source of news:
https://www.recode.net/2018/6/26/17505876/facebook-cryptocurrency-ads-bitcoin-ico-ban-reversed
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