Facebook’s lifting of its controversial Bitcoin ban will prove to be another catalyst for the unstoppable cryptocurrency revolution, affirms the boss of one of the world’s largest independent financial services organizations.
Nigel Green, founder and CEO of deVere Group, is speaking out after the social media and tech giant on Wednesday reversed its ban on cryptocurrency adverts, triggering further speculation that it might be planning something big in the crypto space. The ban was introduced in January amid concerns that adverts were being used for illicit purposes.
Mr Green says: “The lifting of this controversial ban must be welcomed. Whilst we respect Facebook’s good intentions behind prohibiting the adverts, an outright ban on new concepts and innovation is seldom a positive or helpful stance.
Bonhoeffer Fund's performance update for the month ended July 31, 2022. Q2 2022 hedge fund letters, conferences and more The Bonhoeffer Fund returned 3.5% net of fees in July, for a year-to-date return of -15.8%.