Facebook is easing restrictions on certain cryptocurrency and blockchain-related content on its platform in a newly released policy update.
New Facebook Policy Update on Cryptocurrency Ads
In an announcement published on Wednesday (May 8, 2019) Facebook rolled back some of its more restrictive ad policies on cryptocurrency and blockchain technology content.
According to the new policy update ads pertaining to general cryptocurrency and blockchain technology-related educational content no longer require pre-approval for publishing on Facebook.
An excerpt from the post reads:
While we will still require people to apply to run ads promoting cryptocurrency, starting today, we will narrow this policy to no longer require pre-approval for ads related to blockchain technology, industry news, education or events related to cryptocurrency.
This update reverses the policy statement of June 2018 that required all cryptocurrency ads to obtain prior written approval before being published on the platform. However, the new policy update…