mt logoMyToken
ETH Gas
EN

UK Regulator Bans Coinbase Ads Over Misleading Crypto Claims

Favoritecollect
Shareshare
UK Regulator Bans Coinbase Ads Over Misleading Crypto Claims

The post UK Regulator Bans Coinbase Ads Over Misleading Crypto Claims appeared first on Coinpedia Fintech News

The UK’s Advertising Standards Authority has banned Coinbase’s “Everything Is Fine” ad campaign for suggesting that cryptocurrency could help ease the cost-of-living crisis without clearly explaining the risks. The ads used satirical videos and posters to highlight economic stress, which regulators said could mislead people into seeing high-risk crypto as a simple solution. Coinbase said the campaign was meant to criticize the financial system, but agreed to comply with the ruling and follow UK advertising rules.

Disclaimer: This article is copyrighted by the original author and does not represent MyToken’s views and positions. If you have any questions regarding content or copyright, please contact us.(www.mytokencap.com)contact