Facebook announced its decision to reverse long-standing policy that prevented most cryptocurrency companies from running ads on its services. While the move comes after the company tried and failed to launch a cryptocurrency that was intended to send money easily across the world via the company’s services, the new policy is huge for the crypto industry and will allow more retail investors to access cryptocurrencies than ever before.
“We’re 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,” the company said in a statement.
https://www.cnbc.com/2021/12/01/facebook-ends-ban-on-cryptocurrency-ads.html?tpcc=nlledger