Recently news: Facebook Backpedals, Reverses Ban on Crypto currency Ads
I just was joking.
What happened
Facebook has announced that it revises its ban on all social media crypto ads.
It is about revision of Facebook's cryptovalute policy, not about the removal of politics.
They further clarified:
"In the last few months, we’ve looked at the best way to refine this policy — to allow some ads while also working to ensure that they’re safe. So 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."
So,cryptocurrency-related services and businesses, such as exchanges, will now be allowed to run ads.
How is comes was the change?What's changed in the meantime. Nothing.
Perhaps they have given up their own crypto currencies, so eliminating competition them is no longer necessary?
But the second thing is more important to us
Many people hoped that the ban was one of the main culprits for the price cuts.The prohibition was partially abolished.
Unfortunately, nothing happened.
It seems that Facebook and the team are not guilty for fall down Bitcoin prices.
Or is this too short time to see we the effects of lifting the ban.
We not forget And a ban on Google and Twitter, wich more are on to force. We will see whether Google and Twitter, which generate much of the revenue from advertising sales, will also review their policies.
