Facebook says it will change its policies and allow ads related to coded money to be displayed back, binary options and ICO will still be banned from advertising on Facebook.
In early January this year, Facebook officially issued a ban on advertisements related to encryption. This is due to fears of fraud, multi-level fraud and terrorist financing through Bitcoin and other codewords. After Facebook, big companies such as Google and Microsoft also issued the same ban.
But today, Facebook said it would change its policy and allow ads related to coding to be shown back on social networks. Of course, these ads will need to be approved before Facebook is displayed.
Facebook's new policy will allow businesses to have activities, services and products related to pre-coded advertising. For example, pre-coded trading platforms, or coded money trading.
These ads will be reviewed and approved by Facebook, to see if they are related to phishing or phishing activity. Meanwhile, the binary options and the ICO will still be banned from advertising on Facebook.
Currently, the pre-coding market has been falling sharply since late 2017, when Bitcoin peaked at $ 20,000. As a result, Facebook's lifting of a ban on advertising related to coding may be a good sign.
Hopefully with this good sign, the electronic money market will soon come back.!