Meta company is increasing the number of licenses to make it easier to post cryptocurrency ads on Facebook, giving companies more opportunities to market their cryptocurrencies.
By increasing the number of licenses they accept, they will make it easier to run cryptocurrency-related ads on their platforms.
According to the article they shared on December 1, 2021:
Cryptocurrencies have continued to mature and stabilize in recent years. Regulations have been made by governments that specify clearer rules for the industry. Thanks to the changes we made in the number of licenses, it will help companies, including small businesses, to grow their target audience and reach customers.
said.
Meta calculates the number of licenses they accept. 3 to 27 He shared what he got. He stated that this means that most of the applications will be accepted. They have also made the list of eligible conditions for advertising public on their page.
Before the update, few companies were able to obtain licenses on the platform. That’s why many cryptocurrency exchanges were unable to advertise on Facebook. According to the updated policy; Cryptocurrency exchanges, cryptocurrency lending services, cryptocurrency wallet and cryptocurrency mining companies will be able to obtain written permission to post ads on Facebook.
Additionally, crypto news, education, payment methods, and blockchain technology related services are without written permission will be publishable. Talking about updates Meta spokesperson, licensing policy her Instagram He said he would cover it.