Facebook removes/Unbans Bitcoin & Cryptocurrency Ads

[Amokomowo2005]

Facebook actually ban the use of crypto currency out of ignorance without even doing  their proper research on it  ,dont really expect that from them and its now good they have lifted it to make more facebook users have trust in it...

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[muhammedb]

Facebook is lifting its ban on cryptocurrency ads which went into effect in January. After months of evaluation, the company decided to allow some crypto ads on its platform. Advertisers must submit a request form with details of their businesses and the types of crypto content to be promoted.

Starting June 26, we’ll be updating our policy to allow ads that promote cryptocurrency and related content from pre-approved advertisers. But we’ll continue to prohibit ads that promote binary options and initial coin offerings.

https://news.bitcoin.com

Yes this is the best way to handle this issues, seriously with the rate in which new coin are registered in blockchain make it difficult to differentiate between the real and scam, scam coin as really cause problems in social medias and this as drawn the attention of the CEO of facebook to come with the ideal of banning cryptocurrency ads in January. Which is not the best way to handle issues like this, I think the current decision is perfect.

[Nethermore]

That's a good news. As the Facebook removed the ban, it will now easily get more exposure. More people will be interested to invest in Cryptos.

[abiola4real]

This a great news, it will make the use of Crypto currency to reach more people in the world as we have many percentage of people using facebook...

[F$m@nia]

This a great news, it will make the use of Crypto currency to reach more people in the world as we have many percentage of people using facebook...

Though Facebook has removed ban from the ads of cryptocurrencies. But the news is not likely to impact the Crypto segment significantly, as per a survey, less than 2% traffic comes from the social media advertisements. About 98% traffic is organic which comes through different channels.

[dablatair]

This a great news, it will make the use of Crypto currency to reach more people in the world as we have many percentage of people using facebook...

Though Facebook has removed ban from the ads of cryptocurrencies. But the news is not likely to impact the Crypto segment significantly, as per a survey, less than 2% traffic comes from the social media advertisements. About 98% traffic is organic which comes through different channels.

Yes but it gives a signal that it will be more and more accepted. Since then there will be a more important pourcentage of the traffic that will come from these channels that are more known but the "common" people that are today not aware of crypto world.

So I think it a very good start and return of tendancy. Like South Korea new acceptance.

[JerryJam]

In January 2018, Facebook imposed a ban only on advertising related to binary auctions. This remains in force until today. So far it continues to remove ads that are misleading and products of this advertising. I think this is the right decision. Untrue information should not be distributed.

[tebzzz]

Facebook had to face the wrath of some 40,000,000 bitcoin/cryptocurrency users. Already there was #deletefacebook campaign after the data leak at facebook and facebook being a hub for criminals and illegal activities.

but it can not be denied that facebook is one of the social media that succeeds many cryptocurrency projects. the absence of facebook will have an impact on the trust of cryptocurrency. hopefully there will be a better solution than this removal.

[irenegaming]

It was about time that Facebook removed this ban. The crypto market is just too big now to avoid it completely. They are just going to be missing on the huge revenues that they could be making instead of nothing at all. Also the younger generation is going in favor of the crypto currencies and Facebook doesn't wants to miss out on that too.

[Joyeeta]

Everyone will slowly understand crypto is the future, so hence they will remove ban and accept the crypto in many places. I hope Gov official also understand that people love crypto and let it run its own world.

[azhariusman1981]

It's exciting news that Facebook has revoked its ban on cryptocurency ads, I hope other social media will take the same policy as facebook, as this could be one factor that can influence price increases and better cryptocurency growth.

[ClintonJ]

Mainly they did this because of some problems based on this they are securing the types of business and other for us also they are inventing their own crypto which will be in market very soon based on this I saw the advertise in facebook for crypto currency.

[Willitivity]

Am once again, crypto stays winning. All these regulations and people who said and had negative motions about cryptocurrencies will gradually their errors. And one day we'll have a world wide adoption of crypto. But till then, let's pass through these trying times. Good news it is.

[First77]

Facebook had to face the wrath of some 40,000,000 bitcoin/cryptocurrency users. Already there was #deletefacebook campaign after the data leak at facebook and facebook being a hub for criminals and illegal activities.

[mindmastering]

Banning/unbanning cryto ads publicly seems like publicity stunt.

Instead of saying something like:
"guys, we are suspending crypto ads until we put in place a system able to filter trash",
they go publicly saying "we ban crypto - we rule".

Facebook marketing 101

[CAPTEZECC]

Crypto/blockchain is a movement that can not be stopped easily, it is a revolution the earlier you understand it and stop fighting against it the better. Crypto currency is winning more war.

[Dexion]

this is good news and I think it is a wise decision. crypto requires the facility to spread its vision and mission to the public, with the aim to attract the attention of investors and the world.

but on the other side, some ICO scams make some mistakes, which consequently is facebook involved to market the scam ICO's ads.

[joebrook]

I think this will be good news, updating policy to allow ads that promote cryptocurrency to be a good step and crypto ads can provide many profit for facebook.

If this is indeed true then it’s one of the best news that Bitcoin has had in a very long time and I believe that it’s going to help to rise the value of the currency up. I am counting on it.

[lorapalmer]

I don't understand why Facebook banned crypto ads before. Do they really care who will pay them money for the ads and what will be advertised on Facebook? I doubt.

[yuukireit]

Well that very good information from facebook that regulation their adv in crypto. At least showing about the cryptocurreny itself into media are promising for the any crypto project