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UK Regulator Issues Crypto Ads Notice to 50 Firms — Says ‘This Is a Red Alert Priority’

DIGIT — Tue, 22 Mar 2022 23:49:49 +0000

The U.K.’s advertising authority has sent an enforcement notice to more than 50 companies that advertise cryptocurrencies. “We will monitor for compliance and implement sanctions if we do not see improvements,” said the regulator. British Advertising Regulator’s ‘Red Alert’ Priority Issue The U.K. Advertising Standards Authority (ASA), the country’s regulator of advertising, announced Tuesday: We […]

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UK Regulator Bans Floki Inu Ad for Being Irresponsible, Exploiting Investor FOMO

DIGIT — Wed, 02 Mar 2022 23:30:40 +0000

The U.K.’s advertising authority has banned an ad for cryptocurrency floki inu (FLOKI). The authority says the ad’s “Missed Doge? Get Floki” claim “exploited consumers’ fears of missing out and trivialized investment in cryptocurrency.” The ad was also “irresponsible” and “took advantage of consumers’ inexperience or credulity,” the regulator said. Floki Ad Banned in the […]

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UK advertiser ASA continues crypto ad banning spree

DIGIT — Wed, 05 Jan 2022 15:30:00 +0000

Crypto.com become the latest victim of the UK’s crypto advertising clampdown, following restrictions on the marketing endeavours of Coinbase, Kraken and others, last year.

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Floki Inu Cryptocurrency Ads Under Investigation in UK

DIGIT — Sat, 20 Nov 2021 06:30:36 +0000

The U.K.’s advertising authority has launched an investigation into advertisements for the cryptocurrency floki inu (FLOKI). The ads, titled “Missed Doge? Get Floki,” have appeared on London buses and the underground. The team behind the floki inu ad campaign says the advertisements are “legally cleared,” and the advertising authority’s action is “an attack against cryptocurrency […]

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UK Advertising Watchdog to Crack Down on ‘Misleading’ Crypto Ads

DIGIT — Tue, 13 Jul 2021 07:30:02 +0000

The Advertising Standards Authority (ASA), the U.K. advertising watchdog, declared it would crack down on misleading ads promoting cryptocurrency investments. The organization will include cryptocurrency campaigns as a “red alert” priority in the financial marketing department. The organization will be more proactive regarding these ads, it claims, contacting companies and issuing warnings in the future. […]

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UK Bans ‘Time to Buy’ Bitcoin Ads on Buses and Underground for Being Misleading

DIGIT — Wed, 26 May 2021 15:30:50 +0000

The British Advertising Standards Authority (ASA) has banned a bitcoin ad campaign put up across the London Underground network and on London buses by cryptocurrency exchange Luno. The UK advertising regulator says the ads are misleading and irresponsible. ‘Time to Buy Bitcoin’ Ads Banned in the UK A bitcoin advertising campaign put up across London […]

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