As we all know that Facebook banned all crypto ads in January but now after a review, Facebook has update its polices and decided to accept advertisement content from pre-approved advertisers.
The biggest United State cryptocurrency exchange, Coinbase is the first advertiser got whitelisted by Facebook to its ads on this social platform.
Mr. Brain Armstrong, The CEO of Coinbase, announced the news on tweeter that, “Facebook banned ads for crypto earlier this year. Proud to say we’ve now been whitelisted and are back introducing more people to an open financial system.”
The Interesting Move.
The Coinbase becomes the first cryptocurrency advertiser to get whitelisted by Facebook and probably, Coinbase will take this advantage and invest heavily in the Facebook advertisement campaigns without any competitor.
Few months ago, Facebook made the decision to ban crypto-related ads as part of a joint effort by several technology giants such as Facebook, Twitter, and Google to stay away from scams and unlawful practices that were being promoted through these platforms.
It is not yet known that Facebook will be re-opened for credit-related ads, but a decision about comfort-based is one step in the right direction. Perhaps, in the case of reconsideration, control to get permission from Facebook can be cautious to avoid scammers that defraud the users.
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FB and Zuck spread the FUD while all the institutional players bought up crypto. Just wait until CB is acquired by FB or Google! CB will be adding new tokens in the next few months as they recently got registered as a broker dealer!
@jfitmisc hoping that Facebook and Google will review their policies not only for CB but also for other cryptocurrency exchanges....
Devilbook can go straight to hell.
This is definitely a great movement in Crypto world , exciting update in your Post
Upvoted following you
This is Power Of Crypto Currency !! #Coinbase #steemian
Yes... The power and adoption of cryptocurrency has grown exponentially...
Upvoted and re-steemed!
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Thanks
i hope coinbase adds more cryptocurriencies...........
Mark Zuckerberg: "Down with Bitcoin!"
Reporter: "And in today news Bitcoin spikes from $5700 to $7400
Mark: "Uhhh..."
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Great job
@alamgir140491 Thanks buddy for your response
You welcome sir ;)
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Boom boom boom crypto is the big elephant in the room :)
Doom, Doom , Doom, if you miss the revolution, living in your parents bedroom
Haha you get an upvote for that one ;)
As long as I don't get downvote, i'm not done;)
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I'm rooting for coinbase success. Its success will trickle down to us early adopters.
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Thats Really Good News
Yeah but not good enough to get the price to $10000. Make way for the ETF!
@hassancryptoearn @austin101 yeah dear some good news are on the way to take bitcoin price atleast the previous all time high and ETF will make the diffrance....
You gonna buy the etf? I also have a stock brokerage account so I'm kind of tempted to do so
Hahaha its advertisement though
Zuck's smart, wants that revenue. Can't blame the guy for flip flopping
Now he comes to know the power of crypto
Think Facebook will come out with a F-coin?
If the happens you can kiss Steemit goodbye
@imran.kkhan1 Facebook is taking advantage of its users and spreading FUD about crypto. Facebook is not idiot to ban the crypto ads first and then lifting the ban after couple of months. Facebook knows how to play with emotions and that is exactly how facebook is doing.
Anyways, as far as facebook is banning or not banning crypto ads, I think crypto is not going anywhere. I know one place where crypto can go. And that is moon. :D
@lets-steemit Either banning or not but we are on the right direction to the moon...
Coinbase has enough money not to have to play by facebook rules.
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Wow ... This is the new place to benefit crypto ...
salam bhai ek vote and support me
i hope it can add more cryptocurencies in their exchange .......(coinbase)
Didn't you hear the news?
They announced they're adding a new coin Etherium Classic to their platform. (Etherium---Etherium classic, there's a difference).
Ethereum.. have some respect ;)
that's right, respect the coins. Get them all!
@imran.kkhan1 now top tech giants are acknowledging the impact of blockchain & many have started projects on it.
gud news for all cryptolovers
Something will make a difference. FB communities are too big. Positive Thinking is better.
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Way to make this place a shitty place
Facebook and Google were banned from promoting and disseminating them on their platform to avoid the fraud and scam icon in crypto currency.
And taking the utensil in a decision taken by Facebook is very important for crypto currency.
Now this is what i call GOOD NEWS!!!
We dont need Facebook on our train!
Great. Not only venture capitals but also big companies like Facebook and Google are making a move into cryptoworld
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Very short time and your growth is vert stable what is secrete ?
This is good news that legitimate crypto businesses can now be whitelisted and advertise on Facebook.
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STOPThis is great news! Kudos to Facebook for being able to see through all the noise of scams / sketchy practices and appreciate a good crypto product. Coinbase is going to be the first of many whitelisted crypto companies - blockchain technology is quickly going mainstream and helping to change industry after industry for the better! Coinbase is challenging finance, Teambrella is taking on healthcare, and Virtual Universe is bringing true immersion to gaming! Exciting times are ahead.
--Jeroen Van den Bosch, co-founder of Virtual Universe
vutoken.io
@imran.kkhan1 thanks for sharing. I hope this continues. What do you think about this decision of facebook on crypto ads? Please let me know.
Google and Facebook fear blockchain as this tech is the future
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STOPMany people or businesses worry about blockchain and cryptocurrency companies, but finally, one of the biggest marketing platforms changed their minds. Facebook is one of them, and we are confident more will follow. Blockchain and crypto is here to stay and we should accept it rather than reject it. We recognized early in Blockbasis that blockchain and crypto is here to stay. That is why we developed Blockbasis to allow users to send and receive cryptocurrencies like Bitcoin, Ethereum and more with just an email address. Besides sending and receiving via email, users can exchange cryptocurrency on our DEX.