Facebook removes/Unbans Bitcoin & Cryptocurrency Ads

[amaydel]

Since bitcoin prohibits its user to post crypto ads and other cryptographic related ads, i was unable to participate in FB campaign from bounty anymore. With thins current move from FB, i just hope that they will continue to support bitcoin and other crypto related ads.

[kimdungtruyen]

Along with the entire crytocurrency activity, this is not a potential threat to society. It's time for Facebook to evacuate this boycott. Likewise, the younger the age, the more electronic forms of money and Facebook do not have any desire to overcome a great opportunity for that.

[mommysean]

Yes i have heard that facebook will regulate the advertisement of bitcoin and cryptocurrency.
This is great news for cryptocurrency in the future.
It will strengthen the cryptomarket.

[Tubig]

Just what I was saying had to happen, now happens. There was no need for a blanket ban, but they just did it, because they

were not ready to deal with the processing of all these applications. I am just glad they saw the error in their ways and made

the correct decision to unban Crypto currency advertisements. They should really consider looking into allowing some ICOs

too, because there are MANY legitimate ICOs out there, that deserve the exposure. I reckon the SEC's position on ICOs

sealed their fate. 

That's right. How will bitcoin be popular without these social medias. SNS have lot's of user/ population and it's good there to endorse our legit ICOs. The users is our market and can help our projects to have a more potentiality success of development.

[nikonova]

This surely because of their 5% decrease in market share when they banned the cyrpto ads. And ofcourse the revenues they lost because of this ban.

[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

i guess this is a good news and upgrade to both cryptocurrency and facebook because initially when facebook promised to stop ads i thought it will be the end of crypto but i came to realized that even facebook will go at lost and stop ads will not even cause crypto any harm and second i understand that many icos are now frud and it will be a disappointment to mark when he found out his is running ads for such ico. i think with the new policies of registration it will limit the numbers of scam icos ads in facebook and it will also be easy to locate them if any.   

[worle1bm]

Yes indeed it is a great news for all of us as facebook has removed the ban on crypto related ads as they have realized its importance and know that they increase their profits with this strategy as they have also lost their market share after their ban.But now it will increase their revenue with great boost.

[Kwansimaa]

News about this ban really disturbed me as i do facebook campaign most of the time because i don't have much follower on twitter. I was very glad when i heard that the ban of facebook against crypto ads have been lifted.

[doch]

Yes i have heard that facebook will regulate the advertisement of bitcoin and cryptocurrency.
This is great news for cryptocurrency in the future.
It will strengthen the cryptomarket.

I personally have no idea about it, but if it is true then no doubt that it is a big decision and in favour of bitcoin to grow more and more, I think that facebook is one of the most popular and good way of introducing different ICOs in different places, i think that people will appreciate that decision taken by the facebook management.

[FXTradingPro]

There is just too much money that Facebook didn't want to leave on the table. It is important for cryptocurrency providers to have access to advertise their products and services. Facebook has a tendency to overreact and be reactive. It seems pretty obvious that there was blowback from enough users and the data supported to open up some crypto ads to be allowed.

[luckyluigi]

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

I think this will be not good news, updating policy to allow ads that promote cryptocurrency to be a good step and crypto ads can provide much profit for facebook in the future.

[Cahndeso]

Really bro? Hmm it's good news. This news can interesting an investor to comeback to the crypto world haha

[tsinelas]

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

Wow, I feel so amazed. More advertisement more market will patronage crypto. We all know that there are millions of user of Facebook even businessmen (onlineshops). This can encourage them to use crypto. This can also help to encourage people to invest in crypto. They will be curious about it.

[millionaireshs]

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

Facebook is very big contribution for publicity of some other organization to recognized their business specially on crypto currency, so we are very thankful for Facebook for continuing to support and backup if  ever crypto has launched and promoting their business through facebook specially our favorite bitcoin crypto currency .   

[Dianafangki]

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

Facebook is very big contribution for publicity of some other organization to recognized their business specially on crypto currency, so we are very thankful for Facebook for continuing to support and backup if  ever crypto has launched and promoting their business through facebook specially our favorite bitcoin crypto currency .   

Facebook has even formed a special cryptocurrency division, they only prevent many ico from moving wildly and have the potential for fraud, while on the other hand they prepare many things for many projects that are clearer in their advertisements, if Facebook doesn't move fast, then momentum will be taken over by other popular social media.

[carlisle1]

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

This is the best move facebool does lifting its ban from cryptocurrency because this only brings affect to their popularity,imagine how many users in crypto who is using facebook for advertising ,without facebook they will stop using this social mdia site

I think this will be really good news, Facebook is a good step for cryptocurrency and a policy update to advertise ads for advertising. They should really consider looking into allowing some ICOs.

Thats right,maybe they need to make research about those ico before banning it,so the legit project will continue and become more successful

[marcbitcoins]

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

Maybe they realized how much money they will going to earn from Crypto currencies advertising and Altcoins are all safe if they are already in the market unlike the ICO in which will need lot of verification to ensure that it is a legit project.This development is good to ensure that all Altcoins are all legit and they should accept the ICO too with KYC verification to avoid advertising a scam projects.

[mojo2208]

I agree with the opinion of the people above. Ad selection is very important. After all, this sphere is still little known to many people, and it is necessary to choose only the best proposals in order to involve the largest possible audience

[Jericka D Ranillo]

Good news for the sake of the crypto economy through advertising one ICO. Specially for the bounty hunters who promoting a project just to do like and share. It seems facebook notice how big crypto ot bitcoin is. They need it also because most part of the world has an active crypto user

[onrise]

I agree with the opinion of the people above. Ad selection is very important. After all, this sphere is still little known to many people, and it is necessary to choose only the best proposals in order to involve the largest possible audience

One of the reason for the removal could be because as FB had sold the public data this has resulted in loss revenue loss as people have started deleting their FB account. Also the advertisers are moving away from FB now due to which they might be allowing the crypto ads as this will earn them a income.