The Advertising Standards Authority, or ASA, the UK’s independent advertising regulator, has pulled another batch of cryptocurrency-related advertisements from several of the industry’s top companies.
On December 15, the advertising watchdog issued several resolutions on advertising violations involving six cryptocurrency-related companies, including Coinbase (NASDAQ :), Kraken, eToro, Exmo, cryptocurrency broker Coinburp, and cryptocurrency exchange. , Luno. The ASA also issued a similar resolution for the Papa John’s pizza chain.
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The seven advertisements or promotions were banned for “irresponsibly taking advantage of the inexperience of consumers and for not reflecting investment risk,” according to the resolutions.
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