Facebook will stop blocking some blockchain ads

4. 6. 2019

Facebook has reassessed the strict prohibition of ads that are focused on blockchain issues. It will now allow campaigns oriented towards industry, education and cryptocurrency news. This type of ad will not require Facebook’s approval in advance to running them.

The exception applies only to the above-mentioned areas; it will still not be possible to freely advertise content that is focused on cryptocurrencies, binary files or ICOs. Some ads will still be completely banned or require prior approval, such as cryptocurrency, software mining and hardware advertising.

Facebook banned all cryptocurrency and ICO ads in 2018. It was a reaction to the frequent frauds and other downsides that this industry brings. Following this strict ban, after some time Facebook allowed advertising of such content, but only after its prior approval.

Facebook is preparing their own cryptocurrency and therefore are beginning to re-evaluate their approach to the topic. Last year, Facebook created a new division that deals with the use of blockchain technology.

Facebook’s goal is to continue to prevent misleading advertising of financial products and services, but on the other hand, it does not want to completely block the promotion of blockchain education and development.

I am passionate about the world of technology and online marketing. In the past, I have worked for several years on campus as a teacher at marketing and hotel management departments. Currently, I work with various experts as an online marketing consultant at international level between Switzerland, Italy and the Czech Republic. I specialize in e-commerce, social media and website development. In my spare time you will meet me in the nature immersed in the beauty of three triathlon disciplines. At Newsfeed I will share with you the latest news from the diverse world of social media.

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