Two Crypto.com Ads Banned By UK Regulators

While Crypto.com’s advertising spree sees no sign of slowing down, it hasn’t been sitting well with all parties. The digital asset exchange recently had two of its ads banned by UK regulators for containing misleading content. This comes following intense public scrutiny of another of the company’s ads featuring Matt Damon. Encouraging Risky Behavior The UK’s Advertising Standards Authority (ASA) reported the bans on Wednesday. The first of the ads mentioned appeared in the Daily Mail app on September 1st.…

UK Regulator Bans Misleading Crypto Ads

The Advertising Standards Authority (ASA), the UK's independent advertising regulator, has again intervened in the UK crypto market. A few days ago, the advertising authority issued several orders on violations involving six crypto companies. These companies also include big names among the most popular exchanges in the sector, including several brokers. Within this article, we will better analyze the decision of the ASA, studying its context and reasoning over its nuances.  What didn’t the regulator appreciate? The ASA explained that,…