NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: WLFI Price Dips 7% As Eric Trump Leaves World Liberty Treasury Company ALT5 Sigma
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: WLFI Price Dips 7% As Eric Trump Leaves World Liberty Treasury Company ALT5 Sigma

Facebook U-Turns on Crypto Ad Ban as it Intensifies Own Blockchain Efforts

Rick Delafont
Rick Delafont
6 years ago
3 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Facebook has today announced a relaxing of its advertising ban on companies promoting products and services relating to crypto. The move comes as the social media giant is ramping up its own efforts to create a stablecoin to use within some of its applications.

Many in the crypto community argue that a Facebook-promoted digital asset would be in competition with the US dollar and other fiat currencies rather than Bitcoin. Meanwhile, others have stated that the company’s efforts to create its own digital currency could prompt loads of new users to enter crypto.

Social Media Giant Further Slackens Crypto Asset Advertising Guidelines

According to a blog post by Facebook today, the social networking website will be further loosening its previous ban on advertising relating to both crypto and blockchain tech. The post reads:

“We’ve listened to feedback and assessed the policy’s effectiveness. 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.”

According to Facebook’s Advertising Policies and Community Standards, some products and services fall onto a prohibited list – such as ICO offerings – and others fall onto a restricted list – such as exchanges. All prohibited advertising is immediately rejected, whilst restricted content will still require approval, which reportedly involves a review process:

“This process will continue to take into account licences they have obtained, whether they are traded on a public stock exchange (or are a subsidiary of a public company) and other relevant public background on their business.”

The Facebook crypto advertising ban was first announced in January 2018. This initial policy was to simply block all advertising relating to crypto or blockchain technology on the grounds such adverts could be potentially harmful to the site’s users. The ban was slackened initially in June of the same year to include the clause about written approval being required for certain products or services.

The news of the further slackening of the Facebook advertising ban comes as the company is exploring launching its own digital asset – supposedly a stablecoin pegged to the US dollar. Since it appears to lack the properties that make Bitcoin a good potential store of value, many analysts have argued that the Facebook not-so-crypto asset will represent competition for the dollar, rather than Bitcoin.

In fact, some crypto industry analysts believe that the launch of a currency by the social network will ultimately be a boon for Bitcoin and other digital assets. Appearing on Bloomberg earlier today, Spencer Bogart, of Blockchain Capital, posited that the project could see a huge influx of new users keen to explore truly decentralised digital assets:

ICYMI: @CremeDeLaCrypto joined @TheStalwart on #WDYM to talk about a possible Facebook-based digital coin offering as well as the outlook for Bitcoin this year pic.twitter.com/OgBVda6kJj

— Bloomberg Crypto (@crypto) May 8, 2019

“It’s like being on the internet; so people can spin out and they can start owning bitcoin, they can start owning ether. Some percentage of the user base is likely to do so, and again I think that’s gonna be a dramatic catalyst.”

He also argues that the news of Facebook’s plans has “lit a fire” under financial institutions that were considering working on crypto-like products and services. Many have reportedly been inspired to take the plunge themselves following the social network’s lead. An example provided by Bogart is TD Ameritrade’s recent announcement to start offering exposure to crypto assets.

 

Related Reading: Blockchain Capital Partner: Facebook Crypto Project Could Lead to Massive Influx of New Crypto Users

Featured Image from Shutterstock.
Tweet123Share387ShareSend
Rick Delafont
Rick Delafont

Rick Delafont

Based in Europe, Rick has written about the cryptocurrency industry since 2016. He was first drawn to Bitcoin as a means of payment but quickly became fascinated by its wider potential implications. His interests lie in the political, economic, and social impact of the unfolding digital asset revolution.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

SEC pakt Chinese pump and dump schemes aan - gevolgen voor crypto markt

SEC pakt Chinese pump and dump schemes aan – gevolgen voor crypto markt

De Amerikaanse SEC richt zich op bedrijven die gelinkt zijn aan Chinese pump and dump schemes. Deze actie raakt direct...

Lars Diederiksen 2 hours ago
Asset Entities Merges with Strive to Form $1.5B Bitcoin Treasury – Why Bitcoin Hyper Could Soar Next

Asset Entities Merges with Strive to Form $1.5B Bitcoin Treasury – Why Bitcoin Hyper Could Soar Next

Asset Entities shareholders have approved a merger with Bitcoin asset management company Strive Enterprises to create a new enterprise named...

Aaron Walker 3 hours ago
SUI

SUI At A Crossroads, Can It Break $3.52 And Ignite The Next Surge?

SUI is currently poised at a pivotal crossroads, with its price action revolving around the key resistance level of $3.52....

Godspower Owie 3 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Ethereum Network Activity Heats Up As Fees Hit $1.4M In 24H

Ethereum Network Activity Heats Up As Fees Hit $1.4M In 24H

Sebastian Villafuerte 25 minutes ago
Dogecoin vystrelil o 14 % dogecoin ETF

Dogecoin vystrelil o 14 % po správe o prvých ETF. Meme coiny vstupujú do novej éry

Nina Šefčíková 2 hours ago
биткоин и давление

Bitcoin балансирует между $110K и $113K

daria 2 hours ago

Premium Sponsors

Press Releases

  • Primul Meme Coin „Mine-to-Earn” PepeNode strânge 4,2 milioane RON în presale – 7 ore rămase în etapa de finanțare

    Primul Meme Coin „Mine-to-Earn” PepeNode strânge 4,2...

    30 minutes ago
  • Achizițiile instituționale de Bitcoin se usucă, în timp ce cel mai rapid Layer-2 pe Bitcoin, Bitcoin Hyper (HYPER), atinge 67,7 milioane RON în presale

    Achizițiile instituționale de Bitcoin se usucă, în timp...

    41 minutes ago
  • Prvá ťažiarska meme minca na zárobok PepeNode získala 900 000 USD v predpredaji – do konca fázy financovania zostáva 7 hodín

    Prvá ťažiarska meme minca na zárobok PepeNode získala...

    3 hours ago
  • ドージコイン 今後の価格予測:投資家はまだ億り人になれるのか?

    ドージコイン...

    3 hours ago
  • リップル 今後の価格予測:XRP ETF承認は間近か

    リップル 今後の価格予測:XRP...

    3 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.