Facebook to Allow Limited Crypto Ads

In order to obtain permission to publish crypto-related ads, advertisers must provide Facebook with certain info
27 June 2018   1268

June 26, the world's largest social network Facebook announced the revision of the total ban on cryptocurrency advertising. So, previously approved advertisers will be able to post content about cryptocurrencies and related topics, except ICO.

In the last few months, we’ve looked at the best way to refine this policy — to allow some ads while also working to ensure that they’re safe. So starting June 26, we’ll be updating our policy to allow ads that promote cryptocurrency and related content from pre-approved advertisers. But we’ll continue to prohibit ads that promote binary options and initial coin offerings.

Rob Leathern

Product Management Director, Facebook

In order to obtain permission to publish advertising about products and services in the field of cryptocurrency, advertisers must provide Facebook with data on licenses, listing on exchanges and any important public information about their business.

Facebook will make decisions based on the data received from advertisers, however, as already warned, not everyone will be allowed.

The company promised to listen to the community's opinion, learn technology and review the rules if necessary.

Huobi to Launch Prime Lite IEO Platform

Huobi Prime Lite is a “niche project” with some tokensale differences from Prime platform and the first project on it will be ThunderCore
24 April 2019   80

Huobi will launch an improved initial exchange offer (IEO) platform called Prime Lite.

Representatives of the company note that Huobi Prime is a “niche project”. Listing requirements for this platform are the same as for the main IEO site. However, tokensale on the new platform will have several differences from Huobi Prime:

  1. Shorter listing cycle and more flexible listing schedule
  2. Trading allocations for users are more flexible
  3. To facilitate the development of HT (Huobi Token), all HT exchanged will be burnt

The launch of the new platform is scheduled for May 9th. The first IEO on Prime Lite will be ThunderCore, which develops a blockchain with a bandwidth of more than 1,200 transactions per second. The project plans to raise about $ 500 thousand.