cryptocurrency ads – DIGIT INFO

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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India Unveils Guidelines for Crypto Advertising

DIGIT — Fri, 25 Feb 2022 04:30:05 +0000

The Advertising Standards Council of India has released guidelines for the advertising and promotion of crypto assets and related services. “We had several rounds of discussion with the government, finance sector regulators, and industry stakeholders before framing these guidelines.” India’s Crypto Ad Guidelines Published The Advertising Standards Council of India (ASCI) published Wednesday “guidelines for […]

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UK to Tighten Rules on Crypto Ads to Ensure They’re Fair, Clear, Not Misleading

DIGIT — Wed, 19 Jan 2022 02:30:39 +0000

The U.K. government has announced plans to impose new rules on cryptocurrency ads to ensure they are fair, clear, and not misleading to consumers. The rules will be enforced by the Financial Conduct Authority (FCA). UK to Impose New Rules on Crypto Ads The U.K. government announced Tuesday plans to impose new rules on cryptocurrency […]

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Singapore Restricts Crypto Ads — Central Bank Says Crypto Trading Not Suitable for the General Public

DIGIT — Tue, 18 Jan 2022 00:30:37 +0000

Singapore’s central bank has issued guidelines to discourage cryptocurrency trading by the general public. The central bank emphasized that “the trading of cryptocurrencies is highly risky and not suitable for the general public.” Singapore’s Central Bank Discouraging Crypto Trading by the General Public The Monetary Authority of Singapore (MAS), the nation’s central bank, announced Monday […]

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Crypto Ads Onslaught Continues as Twitter Announces Ban

DIGIT — Wed, 28 Mar 2018 15:18:58 +0000

Twitter announced on Monday that it would ban all cryptocurrency ads from its platform beginning yesterday. In a move that had been expected for a fortnight, the company announced that it would remove all cryptocurrency ads “to ensure the safety of the Twitter community.” THE ONSLAUGHT CONTINUES This isn’t the first time cryptocurrency ads have been banned from major internet platforms, with the onslaught having begun as far back as January. Twitter joins social media giant Facebook and Google, the world’s largest online ad provider, both of which have banned cryptocurrency and ICO ads from their platforms. Facebook was first in January when it announced

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