Crypto-currencies: techno-giants are backward

Written by loan

As early as the beginning of the year, techno-giants – search engines and social networks – announced a rather tough policy regarding crypto-currencies and primary offers of coins. However, already now bans are canceled, exceptions appear in the rules, and the advertising of digital assets appears again on the sites.

The largest social network, Facebook, has made the Coinbase exchange in the white list, allowing you to advertise the crypto-cash companies associated with the ICO. News of this appeared on Saturday, when the director of the exchange, Bryan Armstrong, published on Twitter the message of the trading platform:

“Facebook banned advertising Crypto-currency at the beginning of this year. We are proud to announce that we are now on the white list and present new people with an open financial system. “

The news was optimistically received by the public, and the post with “good news” scored more than 160 comments.

Meanwhile, Google, it seems, is also softening its prohibitive policies. The search giant added Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH) and Litecoin (LTC) to the online currency converter. Now, with search queries related to coins, Google displays the exchange current rate of digital assets in the user’s local currency.

It is worth noting that the Google data is different from those indicated on CoinMarketCap, and the source of quotations is not disclosed.

All major crypto-currencies started the week in the green zone. Bitcoin took one of the leading positions, gaining 4% over the past 24 hours, having risen above $ 7,700. Ethereum climbed 1% to $ 465; XRP settled at $ 0.457; BCH gained almost 5%, trading at around $ 825.

The decision of the giants spurs the prices of crypto-currencies, since the abolition of certain bans and the softening of the policy is perceived as increasing confidence in the assets. This, in turn, attracts those who want to have time to benefit, because consumer demand is growing, and with it the cost.

About the author


Leave a Comment