Facebook relaxes ban on cryptocurrency-related ads
Effective June 26, “ads that promote cryptocurrency and related content from pre-approved advertisers” will be allowed on Facebook, although primary options and ICOs are still banned from the site.
Latest ban News
Lawmakers formally propose lifting South Korea’s ICO ban
Members of South Korea’s National Assembly have made the official recommendation that the laws banning initial coin offerings should be lifted.
Microsoft’s Bing joins Internet giants in banning cryptocurrency ads
Bing, a Microsoft powered search engine, announced its intention to ban cryptocurrency-related advertisements on its platform by July.
Traders find ways around Pakistan ban to buy, sell cryptos: reports
Although the State Bank of Pakistan has banned commercial banks, financial firms and traders from operating in cryptocurrencies, some are finding ways and means of circumventing this ban.
Court junks RBI injunction over crypto exchange ban
At least 11 cryptocurrency exchanges in India had requested an injunction against the Reserve Bank of India, but that has now been denied by the country’s Supreme Court.
Flintstone Tech joins fight against India central bank’s crypto ban
Flintstone Technologies Pvt. Ltd. has petitioned the courts to reverse the Reserve Bank of India’s bank on banks working with cryptocurrency exchanges. The Delhi High Court will hear the case on May 24.
Social media crypto ban ‘only temporary,’ LinkedIn’s Eric Ly says
Facebook and Twitter recently banned ICO ads from their social media platforms, mainly due to fears over backlash if something were to go wrong (such as a $13-million pyramid scam). LinkedIn co-founder Eric Ly, however, believes the ban will be lifted once regulatory issues are better defined.