What’s Up with Facebook and Cryptocurrency?
It’s complicated When it comes to volatile relationships, nothing beats Facebook’s stance towards cryptocurrency. The social media giant went from neutral to somewhat supportive, then they turned around and banned cryptocurrency from being advertised on their platform. Then, last month, they reversed their anti-cryptocurrency ban and scaled back restrictions on blockchain and crypto advertisements. And here’s the kicker. They’re starting their own cryptocurrency too. Of course, this isn’t exactly breaking news. Facebook has always toyed with the idea of developing their own digital currency, even as they suppressed crypto’s presence on their actual platform. But Facebook isn’t just talking about…