{"id":206742,"date":"2021-12-03T11:00:39","date_gmt":"2021-12-03T11:00:39","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=206742"},"modified":"2021-12-03T14:32:53","modified_gmt":"2021-12-03T14:32:53","slug":"facebook-to-allow-crypto-ads-after-meta-rebrand","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/facebook-to-allow-crypto-ads-after-meta-rebrand\/","title":{"rendered":"Facebook to allow crypto ads after Meta rebrand"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Meta has finally ended its ban on cryptocurrency ads and has introduced a <\/span><a href=\"https:\/\/www.facebook.com\/business\/news\/expanding-eligibility-to-run-ads-about-cryptocurrency\"><span style=\"font-weight: 400;\">statement<\/span><\/a><span style=\"font-weight: 400;\"> that acknowledges that the company will now accept 27 regulatory licenses. With this announcement, Meta is reversing its previous policy that prohibited companies from running crypto ads on the social networking website Facebook.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meta It was later <\/span><a href=\"https:\/\/www.bbc.com\/news\/technology-42881892\"><span style=\"font-weight: 400;\">revealed<\/span><\/a><span style=\"font-weight: 400;\"> it had earlier banned that the ban on running crypto ads on Facebook was imposed to prevent the spread of false information among its users. It further added that people.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Moreover, it was <\/span><a href=\"https:\/\/www.google.com\/amp\/s\/techcrunch.com\/2019\/05\/08\/facebook-blockchain-ad-ban\/amp\/\"><span style=\"font-weight: 400;\">reported<\/span><\/a><span style=\"font-weight: 400;\"> that Facebook wanted to prevent people from getting scammed by enticing offers of Initial Coin Offerings (IconsICOs) and deceitful cryptocurrency exchanges\/deals.\u00a0<\/span><\/p>\n<h2><b>Facebook to run crypto ads\u00a0<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">In a note titled &#8220;Expanding Eligibility to Run Ads About Cryptocurrency,&#8221; the organization discussed how the cryptocurrency ecosystem has matured and stabilized over the years.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;We\u2019re doing this because the cryptocurrency landscape has continued to mature and stabilize in recent years and has seen more government regulations that are setting clearer rules for their industry,&#8221; the note read<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;These changes will help to make our policy in this space more equitable and transparent and help more advertisers, including small businesses, grow their audiences and reach more potential customers,&#8221; the note added.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meta has greatly softened its stance on <\/span><a href=\"https:\/\/cryptoslate.com\/indian-government-might-take-action-against-misleading-crypto-ads\/amp\/\"><span style=\"font-weight: 400;\">crypto ads<\/span><\/a><span style=\"font-weight: 400;\"> and is all set to accept 27 regulatory licenses in a bid to expand its network. Advertisers will still, however, be required to submit their written applications seeking permission to run ads on cryptocurrency.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The recent change has already been met with positive feedback from the crypto community.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, some say the new policy change is <\/span><a href=\"https:\/\/www.google.com\/amp\/s\/www.cnbc.com\/amp\/2021\/12\/01\/facebook-ends-ban-on-cryptocurrency-ads.html\"><span style=\"font-weight: 400;\">expected<\/span><\/a><span style=\"font-weight: 400;\"> to spark the new interest of retail investors towards Meta which may help the organization secure more stable revenue and earnings.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Henry Love, a former employee on Facebook's business team said the company's new policy is a huge opportunity for the crypto industry that will allow more retail investors to invest their stake in, and at the same time will help endorse <\/span><a href=\"https:\/\/cryptoslate.com\/global-crypto-regulation-whats-on-the-horizon\/\"><span style=\"font-weight: 400;\">crypto<\/span><\/a><span style=\"font-weight: 400;\"> business without any additional intervention<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Meta has finally ended its ban on cryptocurrency ads and has introduced a statement that acknowledges that the company will now accept 27 regulatory licenses. With this announcement, Meta is reversing its previous policy that prohibited companies from running crypto ads on the social networking website Facebook.\u00a0 Meta It was later revealed it had earlier [&hellip;]<\/p>\n","protected":false},"author":824,"featured_media":206618,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Facebook to allow crypto ads after Meta rebrand<\/title>\n<meta name=\"description\" content=\"Meta has finally ended its ban on cryptocurrency ads and has introduced a statement that it will now accept 27 regulatory licenses.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/facebook-to-allow-crypto-ads-after-meta-rebrand\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Facebook to allow crypto ads after Meta rebrand\" \/>\n<meta property=\"og:description\" content=\"Meta has finally ended its ban on cryptocurrency ads and has introduced a statement that it will now accept 27 regulatory licenses.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/facebook-to-allow-crypto-ads-after-meta-rebrand\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-03T11:00:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-12-03T14:32:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/12\/facebook-crypto-ad.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Juhi Mirza\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Juhi Mirza\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/facebook-to-allow-crypto-ads-after-meta-rebrand\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/facebook-to-allow-crypto-ads-after-meta-rebrand\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/juhi-mirza\/#person\",\"name\":\"Juhi Mirza\",\"url\":\"https:\/\/cryptoslate.com\/author\/juhi-mirza\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/juhi-mirza\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/juhi-mirza\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/10\/juhi-mirza-author-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/10\/juhi-mirza-author-300x300.jpg\",\"caption\":\"Juhi Mirza\"},\"description\":\"Juhi Mirza is an archaeology major who is obsessive about blockchain\/Crypto technology and deems it to be the foundational philosophy of the future. 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