Cryptocurrency

James

Facebook will be revamping their January crypto ad ban policy to allow certain related advertisements through an application process.&nbsp;
The <a href="https://www.facebook.com/business/news/updates-to-our-prohibited-financial-products-and-services-policy" rel="noopener noreferrer nofollow">press release</a> defines that the new policy will allow “cryptocurrency and related content from pre-approved advertisers,” but will continue blocking “binary options and initial coin offerings.” 
Those looking to place ads will have to submit <a href="https://www.facebook.com/help/contact/532535307141067?ref=fbb_blog" rel="noopener noreferrer nofollow">an application</a> with information regarding any licenses they have obtained, whether they are traded on a public stock exchange, and other relevant public background on their business.&nbsp;
<h3 id="blockchain-space-leaders-response">Blockchain Space Leaders Response</h3>
Iqbal Gandham, UK Managing Director at <a href="https://cryptoticker.io/en/etoro-lists-cardano-ada-for-trade/" rel="noopener noreferrer nofollow">eToro</a>:
Shane Brett, Co-founder and CEO of <a href="http://www.geckogovernance.com/" rel="noopener noreferrer nofollow">GECKO Governance</a>:
Antonio Romero, <a href="https://orvium.io/" rel="noopener noreferrer nofollow">Orvium</a> Co-founder:
James Tabor, CEO of MEDIA <a href="https://www.mediaprotocol.org/" rel="noopener noreferrer nofollow">Protocol</a>:
Gianluca Giancola, Co-founder and Head of Design &amp; UX at <a href="http://qiibee.com/" rel="noopener noreferrer nofollow">qiibee</a>:
Carlos Grenoir, CEO of <a href="https://www.olyseum.com/welcome/init" rel="noopener noreferrer nofollow">Olyseum</a>:
<h2 id="will-the-application-and-cost-be-worth-it">Will the application and cost be worth it?</h2>
It seems like these blockchain space leaders would say so. Facebook provides a platform to reach a consistently growing user base that is now <a href="https://www.statista.com/statistics/264810/number-of-monthly-active-facebook-users-worldwide/" rel="noopener noreferrer nofollow">well over 2 billion</a>.

Facebook Rethinks Cryptocurrency Ad Ban

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