Coinbase can make crypto ads on Facebook and Google again

Posted 24 July, 2018

IT giants Google and Facebook have reportedly revised the ban on crypto advertisements, with US-based Coinbase platform being the first to enjoy fruits of this decision.

The Facebook management stated in early June that it considered partial lifting of the ban, that was imposed early this year and blocked all ads connected with cryptocurrencies and ICO.

"Facebook banned ads for crypto earlier this year. Proud to say we have been whitelisted and are back introducing more people to an open financial system," commented Coinbase CEO in the social network.

Meanwhile, Google company made no annoucements about easing the restrictions. However, as noted one of the users, Coinbase ads appeared in the search for bitcoin.

For reference, Facebook was the first to ban crypto ads this year, while Google and Twitter followed this policy and took similar measures as well. However, Twitter maintains the ban so far Notably, such move surprised the community especially given positive statements about crypto sector made by the company CEO.

At the same time, the rumours about a possible acquisition of Coinbase by Facebook is again in the air.
 

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24 July, 2018 12:13

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At the Supreme Court hearing, the representative of India's Reserve Bank reportedly noted in his message the need for regulation of the local crypto market in order to prevent illegal transactions in India. Besides, this statement was supported by the prosecutor general. An official stated that bitcoin can be classified as an exchange commodity and...

Regulator in India eventually shares need for crypto market regulation

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