Tuesday, August 16

UK Advertising Watchdog Bans Coinbase And Kraken Cryptocurrency Ads By CoinTelegraph

© Reuters. UK advertising watchdog bans cryptocurrency ads from Coinbase and Kraken

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.

  • UK politicians say cryptocurrencies ‘are not an investment’

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.

Read the full article on Cointelegraph

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Reference-es.investing.com

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