22 Jul Facebook Restores Coinbase Cryptocurrency Ads
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After a careful review of its policies, Facebook has decided to allow the exhibition of specific crypto related ads from now on. Coinbase, the biggest cryptocurrency exchange in the United States got the first green light to promote itself on this social network.
Brian Armstrong, CEO of Coinbase, announced the decision in a tweet a few hours ago in which he expressed his pride and enthusiasm for being able to contribute to the massification of what he described as an “Open Financial system”:
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 👌 pic.twitter.com/JqF5ssAqqh
— Brian Armstrong (@brian_armstrong) July 20, 2018
A Great Oportunity for Coinbase
With this move, Coinbase gains a significant advantage over its competitors. The possibility of reaching the userbase of over 2 billion users per month that Facebook manages, represents an incredible potential to expand the…
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