Facebook Partially Lifts Ban on Crypto

Facebook Partially Lifts Ban on Crypto

Facebook, it seems, is still trying to figure out crypto. In that regard, the social media giant is no different than, well, essentially everybody. But due to the colossal reach and dominance of Facebook, every decision and consequent action the company takes also creates tremendous ripple effects. Back in January, Facebook announced the de facto ban of all crypto-related advertisements. Facebook’s Product Management Director, Rob Leathern, explained that the company wants to deliver ads “without…

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Strong Indications from U.S. Officials that Ethereum Is Not a Security

Strong Indications from U.S. Officials that Ethereum Is Not a Security

Promising news for crypto enthusiasts: senior U.S. officials have indicated that Ether (ETH) – the second-largest cryptocurrency – is not a security. Yet, it is important to note that these kinds of statement are not binding nor final; they are merely hints that may suggest towards which direction the official U.S. policy regarding cryptocurrencies is leaning. On June 14th at the Yahoo Finance All Markets Summit, the SEC’s Director of the Division of Corporation Finance,…

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