Whether we like it or not, Facebook is a big force in technology, especially digital ads.
Between Google and Facebook, they control about 70% of the market. Most ad folks don’t like that, but that’s a story for another day.
Over a year ago Facebook unveiled a policy that banned advertisements involving bitcoin and initial coin offerings.
Now it seems they’re easing that policy…
It’s not a surprise really… and something Facebook likely had to do considering Project Libra.
Project Libra is Facebook’s stablecoin-based payments network which it announced last week.
Facebook is looking to launch a full payments network and is in talks with the likes of Visa and Mastercard.
Considering that Facebook changes its blockchain ad policy.
According to reports, ads involving blockchain technology, industry news, educational content or events related to cryptocurrency will no longer require prior written approval.
Although it should be noted Facebook will continue to ban ads related to token sales or initial coin offerings.
Not a big deal.
Let’s see if Facebook can do something for crypto…
And hopefully it destroys itself in the process.
or Abra
and trade cryptos on Binance and Bibox...
And delegate SP with MinnowBooster