FACEBOOK LIFTS CRYPTOCURRENCY BAN AMID RUMOURS OF COINBASE BITCOIN EXCHANGE TAKEOVER

Facebook has reversed its controversial ban on cryptocurrency adverts, prompting further speculation that the tech giant may be planning something major in the space.

The lifting of the ban – put in place in January amid fears that ads were used for fraud – was welcomed by industry figures, with some saying that it indicated the firm's recognition of the potential of bitcoin and other cryptocurrencies.
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