Facebook has revealed a turnaround on its policy to permit adverts for cryptocurrency on its site.
The social media giant has said it will now be “refining” its policy and allowing certain adverts related to promoting cryptocurrencies such as Bitcoin from pre-approved advertisers only.
Any company looking to display such adverts will need to submit an application to Facebook, proving that they are trading on a public stock exchange and showing any licenses they have acquired.
However the site will still ban companies looking to promote initial coin offerings (ICOs) and binary options.
Facebook cryptocurrency ads
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