Facebook Allowed Ads Related to Blockchain and Crypto Activities
The social network Facebook has once again revised its ad placement rules. Ads promoting cryptocurrencies, exchanges, binary options and ICOs still require prior approval from the company. However, ads related to “blockchain technology, industry news, education and crypto events” were excluded from this category..
After the restriction on advertising events in the field of cryptocurrencies and blockchain came into force, their organizers were especially hard hit, having lost an important channel for distributing tickets..
Example of a Facebook blockchain event ad posted after the ban was lifted
Initially, Facebook’s goal was to protect users from potentially fraudulent crypto schemes, who blamed not only the attackers for their losses, but also the social network itself. The company explained that it deliberately made the initial ban as broad as possible in order to make the necessary adjustments over time..
In addition, starting from July 5, new bans will be added to the existing ones. In particular, it will not be possible to “promote CFDs and complex financial products that are often associated with malicious behavior.”.
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