Meta has finally ended its ban on cryptocurrency ads and has introduced a statement that acknowledges that the company will now accept 27 regulatory licenses. With this announcement, Meta is reversing its previous policy that prohibited companies from running crypto ads on the social networking website Facebook. Meta It was later revealed it had earlier banned that the ban on … [Read more...] about Facebook to allow crypto ads after Meta rebrand
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Indian Finance Minister Says Monitoring Crypto Ads; Not Weighing Ban
The Indian government is closely monitoring crypto advertisements, but is not weighting a ban on crypto ads at the moment, Finance Minister Nirmala Sitharaman said on Tuesday.The Finance Minister also said that the government’s crypto bill, which is due to be submitted during the current parliamentary session, is based on inputs from the 2019 draft bill and other … [Read more...] about Indian Finance Minister Says Monitoring Crypto Ads; Not Weighing Ban
U.K. launches an investigation into Floki Inu ads on the London Underground
The Advertising Standards Authority, U.K.’s advertising watchdog, has launched an investigation into a London bus and underground ad campaign for Floki Inu (FLOKI).The investigation is part of ASA’s larger crackdown on crypto-related ads, which it finds “misleading and irresponsible.”The latest memecoin gets a controversial ad campaign on London’s public transportNamed after … [Read more...] about U.K. launches an investigation into Floki Inu ads on the London Underground
Indian government might take action against misleading crypto ads
The Indian government in a bid to promote systematic crypto transactions in the country has decided to put a lid on reckless crypto ad campaigns.According to a memo that condenses the meeting held between Prime minister Narendra Modi and industry professionals, the government has decided to practice restraint and is considering imposing a ban on ads that promote hefty returns … [Read more...] about Indian government might take action against misleading crypto ads
UK bans Luno’s ‘time to buy Bitcoin’ ads, calls them “irresponsible”
The UK’s Advertising Standards Authority (ASA) has banned a series of popular Bitcoin ads in the country citing irresponsibility, a report on national news outlet The Guardian said today.UK ad regulators told Luno its posters on the tube saying, ‘If you’re seeing Bitcoin on the Underground, it’s time to buy’ are misleading because they ‘irresponsibly suggested that engaging in … [Read more...] about UK bans Luno’s ‘time to buy Bitcoin’ ads, calls them “irresponsible”