Facebook is lifting its ban on cryptocurrency ads which went into effect in January. After months of evaluation, the company decided to allow some crypto ads on its platform. Advertisers must submit a request form with details of their businesses and the types of crypto content to be promoted.
Starting June 26, well be updating our policy to allow ads that promote cryptocurrency and related content from pre-approved advertisers. But well continue to prohibit ads that promote binary options and initial coin offerings.
https://news.bitcoin.comMaybe they realized how much money they will going to earn from Crypto currencies advertising and Altcoins are all safe if they are already in the market unlike the ICO in which will need lot of verification to ensure that it is a legit project.This development is good to ensure that all Altcoins are all legit and they should accept the ICO too with KYC verification to avoid advertising a scam projects.