Other companies censured include pizza chain Papa John’s, which in May offered to give away £10 ($13) in bitcoin with orders over a certain amount. In response, the company said it has a long-running association with cryptocurrency, dating back to May 2010 when it was believed that bitcoin had been first used to buy two Papa John’s pizzas. Source link … [Read more...] about Crypto Firms Get a Slap From UK Advertising Regulator Over Misleading Ads
Misleading
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
The ‘China crypto FUD’ is back again, but it’s misleading
Three industry bodies under the Central bank of China released a document today calling for a ban on financial institutions and online payments channels providing any services involving cryptocurrency, including but not limited to registration, trading, clearing, and settlement. Additionally, the institutions would not be allowed to offer to save, trust or pledging services, … [Read more...] about The ‘China crypto FUD’ is back again, but it’s misleading
The U.K. advertising watchdog bans “misleading” Bitcoin advert
The U.K.’s advertising watchdog has banned a newspaper advert on the grounds that it irresponsibly promoted Bitcoin. A member of the public complained that the advert was misleading and socially irresponsible.Following an investigation, the complainant’s objections were upheld by The Advertising Standards Authority (ASA).“The complainant, who believed the ad targeted retirees, … [Read more...] about The U.K. advertising watchdog bans “misleading” Bitcoin advert