Former JP Morgan Executive Says Banks Know Cryptocurrency Can Change The World; Costa Rica Workers Can Be Legally Paid In Cryptocurrency
According to Ethereum World News, Facebook has decided to allow a few specific cryptocurrency-related advertisements run on the platform. This is a few months after Facebook announced that they would ban all cryptocurrency-related ads. One of the cryptocurrency-related companies allowed to advertise on Facebook is Coinbase.
The CEO of Coinbase, Brian Armstrong, announced the decision in a tweet a few hours ago. He stated:
Facebook banned ads for crypto earlier this year. Proud to say weve now been whitelisted and are back introducing more people to an open financial system.
Will this bring a positive impact on bitcoin and bitcoin prices going forward?
Always post the links of the main news which are quoting otherwise it can be considered as plagiarism. So I have given the links for everyone,
1. Facebook unban Coinbase ad:
https://news.bitcoin.com/facebook-unbans-cryptocurrency-ads/2. Costa Rica Workers Can Be Legally Paid In Cryptocurrency:
https://news.bitcoin.com/costa-rican-workers-can-be-legally-paid-in-cryptocurrency/Facebook initially banned crypto related ads because they wanted to stop the scammers who are running fake ICOs and stealing public money using the global reach of Facebook. However, businesses like Coinbase is no scam attempt. It's great that Facebook finally understands that!