January 2018 onward Facebook had stopped advertisements that promote cryptocurrency and other financial products

From June 26, the company is going to allow ads that promote cryptocurrency and related content from pre-approved advertisers.

Rob Leathern, Product Management Director at Facebook says, “Advertisers wanting to run ads for cryptocurrency products and services must submit an application to help us assess their eligibility — including any licenses they have obtained, whether they are traded on a public stock exchange, and other relevant public background on their business. Given these restrictions, not everyone who wants to advertise will be able to do so. But we’ll listen to feedback, look at how well this policy works and continue to study this technology so that, if necessary, we can revise it over time.

It’s important that we continue to help prevent or remove misleading advertising for these products and services. So please continue to report content that violates our Advertising Policies by selecting “report ad” in the upper right-hand corner of any advertisement”.

Updates to Our Prohibited Financial Products and Services Policy

Facebook
Sharing is caring