Crypto prices go up following the change in restrictions made by Facebook and Google. Having previously banned advertising of all crypto currencies on its platform, Facebook has included Coinbase ads in "white list", followed by Google which now includes some of the main crypto coins in its currency converter device.
Today, Top 10 crypto currency has increased significantly. Bitcoin is trading at 8,269.52 USD, up by 6.87% from the previous period. The largest increase was printed by EOS (10.72%), and TRON (13.43%).
Internet giant Vs Crypto
Previously, Facebook and Google took unexpected action in response to the circulation of crypto currencies. Facebook party imposed a thorough ban on all crypto ads on its platform. This step was followed by Google who refused to add exchange rates for major crypto coins such as Bitcoin and Ether on the converter. The giant search engine also plans to block crypto ads as of June 1, 2018.
Facebook and Google claim that the steps taken aim to combat the promotion of ICO on their platform. Both Facebook and Google want to prevent the abuse of their features by the initiators of the ICO (Initial Coin Offering), considering that the new coin offer proved to be vulnerable to fraud.
However, critics feel the decision of the internet giants is arbitrary. Critics emphasize that regardless of the existence of various deceptions under the current crypto guise, there is still a large number of crypto and crypto startups legitimate and legal. By 'flat-hitting' the entire crypto currency market, Facebook and Google seem to give the impression that crypto is a forbidden activity.
Crypto Prohibition Changes Greeted Happy
Reporting from Coinfrenzy, Facebook softened its stance on crypto advertising and decided to make a "white list" for legitimate crypto organizations. After the announcement, Coinbase was finally added to the whitelist, enabling the exchange to place crypto ads on the Facebook platform.
"Facebook banned crypto advertising earlier this year. Now, we are proud to say that Coinbase has been" whitelisted "and (can) re-introduce an open financial system to more people," said Brian Armstrong, CEO of Coinbase, on a Twitter account. his.
The news accompanied by Coinbase's advertisement cut on Facebook was immediately flooded with reactions from crypto currency users, as evidenced by Armstrong's Tweet getting more than 700 Retweets, 3,000 Likes, and 160 replies.
This happiness increases after Google receives Bitcoin, Bitcoin Cash, Ethereum, and Litecoin into the online currency conversion tool it provides. Although it has not revoked the ban on crypto ads, this step has signaled Google's softening of the crypto currency.
https://www.seputarforex.com/facebook-dan-google-melunak-harga-kripto-kembali-naik-284596-15
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