Facebook Reverses Its Ban On SOME Cryptocurrency Ads
The social media giant that’s been embroiled in controversy over the past months has decided to lift its ban on ads for cryptocurrency. The decision was made based on the financial benefits Facebook has missed out on since instituting the ban.
Because there’s clearly too much ad revenue potential to ignore, Facebook announced today that it’s has decided that reversing its cryptocurrecy ad ban effective immediately. Facebook had first enacted the ban in January, saying at the time that too many companies in this space were “not currently operating in good faith.”
The company says it will allow ads and related content from “pre-approved advisers,” but will still not allow ads promoting binary options and initial coin offerings, reported TechCrunch.While Facebook admitted that banning all crypto advertising was a broad change, the company said that its new policy would “improve the integrity and security of our ads, and to make it harder for scammers to profit from a presence on Facebook.”
This time around, it’s making advertisers go through an application process to determine their eligibility. Facebook will ask advertisers to include on their applications details like what licenses they’ve obtained, whether they’re a publicly traded company, and other relevant background information regarding their business.
How thoroughly this information is fact-checked by Facebook staff remains unclear. –TechCrunch
“…We’ll listen to feedback, look at how well this policy works and continue to study this technology so that, if necessary, we can revise it over time,” says Rob Leathern, Product Management Director, in Facebook’s announcement. Of course, Facebook continues to remind its users that it will continue its censorship campaign.
Facebook says the full crypto ad ban has been lifted as of today for those Facebook-approved advertisers
Delivered by The Daily Sheeple
We encourage you to share and republish our reports, analyses, breaking news and videos (Click for details).
Contributed by The Daily Sheeple of www.TheDailySheeple.com.
This content may be freely reproduced in full or in part in digital form with full attribution to the author and a link to www.TheDailySheeple.com.
Source: http://www.thedailysheeple.com/facebook-reverses-its-ban-on-some-cryptocurrency-ads_062018
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).