Earlier today, Facebook announced a change to its ban on cryptocurrency and blockchain advertising, effective immediately. The updated policy “no longer require[s] pre-approval for ads related to blockchain technology, industry news, education or events related to cryptocurrency.”
If you’re looking to advertise your hot, new crypto, though, you’re out of luck. The ‘book still requires an application and approval process for advertisers promoting cryptocurrency. And it continues to place a full ban on initial coin offerings (ICOs).
The company states the goal of its stringent ad policy is a commitment
“…to preventing misleading advertising on our platforms, especially in the area of financial products and services. Because of this, people who want to promote cryptocurrency and closely related products like cryptocurrency exchanges and mining software and hardware, will still have to go through a review process.”
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