Meta Lifts Ban on Cryptocurrency Company Ads, May Make Cryptocurrency More Accessible to More Retail Investors

announced Wednesday that it will lift the company's previous ban on cryptocurrency advertising and that advertisers can now submit applications. The company said it is doing so because the cryptocurrency space has continued to mature and stabilize in recent years and has seen more government regulations that make the asset more clearly defined.

In January 2018, Meta banned cryptocurrency advertising, but slightly eased the ban in May 2019, which had prohibited innovative companies in cryptocurrency and blockchain from placing ads.