Facebook Loosens Policy on Crypto Ads

Facebook said last Tuesday that it will be allowing certain cryptocurrency-related content from pre-approved advertisers, but will continue to ban those linked to initial coin offerings and binary options.

The social network in January placed a ban on all ads tied to cryptocurrencies, financial products and services often associated with deceptive practices. However, Facebook’s product management director Rob Leathern said in a blog post that the company does consider and study feedback and is welcome to revising its policy if necessary.

Source: Reuters