Facebook Vice-President David Marcus said that in the foreseeable future the company does not plan to launch a system of cryptocurrency payments on the platform, reports Coindesk.
According to Marcus, while there are too many problems and negative factors with existing cryptocurrencies, including high remittance fees and low transaction confirmation rates.
Once the industry self regulates a lot better and you have better more legit products that want to be advertised on the platform. When we get to that stage, we'll figure out a way to reintroduce these things.
Facebook Vice-President of messaging
It is worth noting that at the end of 2017 he joined the board of directors of the largest American crypto-exchange platform Coinbase. According to Marcus, if the development community "corrects all problems", then Facebook can reconsider its position.
This statement was made a few days after Facebook banned the advertising of Crypto-Currency and ICO. It is also worth reminding that this adblock doesn't work properly.