The ban on cryptocurrency ads on Chinese social media follows a similar ban instituted by Facebook.
Mark Zuckerberg and company claimed that they were combating unscrupulous players from advertising “financial products and services frequently associated with misleading or deceptive promotional practices.”
Sandy Liang, an operations manager at Bitkan, says the following about Facebook’s crypto ban:
"We usually post ads on cryptocurrency or blockchain
media. There are a lot of professional choices. Sandy Liang, an operations manager at Bitkan, says the following about Facebook’s crypto ban:
Sandy Liang, an operations manager at Bitkan, says the following about Facebook’s crypto ban:
"We usually post ads on cryptocurrency or blockchain
media. There are a lot of professional choices. Facebook
is good for letting newbies know about us. But it’s only
one channel. If we can’t use this one in the future, we
can use others."
Liang says that they plan on advertising on Reddit and Twitter as they’re good alternatives to Facebook.
http://bitcoinist.com/cryptocurrency-ads-disappear-chinese-social-media/
