BEUC, the European Consumer Organization, has urged Brussels to clamp down on the promotion of crypto assets on social media. The umbrella group calls for implementing stricter advertising rules on major platforms like Twitter and Tiktok as well as preventing influencers from misleading investors. BEUC Complains About Promotion of Risky Crypto to European Consumers on…
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Businesses marketing crypto assets to U.K. consumers will have to abide by stricter advertising rules presented by the country’s financial watchdog. These include prohibiting ‘refer a friend’ bonuses for the industry as well as introducing a cooling-off period for first time investors. Regulator Clamps Down on Crypto Ads, Wants to Make Risks Clearer to British…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: US Court Issues a Summons for Binance’s CZ, EU Targets Instagram, YouTube, TikTok & Twitter Over Crypto Ads, Commonwealth Bank of Australia Limits Customers’ Ability to Send Money…
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Ken Timsit, is Head of blockchain startup accelerator Cronos Labs and Cronos Chain.__________ Non-fungible tokens (NFTs) were perhaps the most publicly followed hype cycle, with celebrities from Justin Bieber to Madonna dropping NFT collections for their fans over the past couple of years. Without an understanding of the potential benefits of NFTs as powered by…
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Kraken has inked a partnership deal with Williams Racing marking the first major return to F1 for crypto this year. Formula 1 teams could be warming to crypto advertising again despite a crypto sponsorship exodus in the wake of last year’s high-profile meltdowns. On March 28, American crypto exchange Kraken announced that it was partnering…
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The financial regulatory body of Belgium has been tasked by the government to regulate advertisements for cryptocurrencies. New rules, set to enter into force in May, oblige advertisers to clearly warn investors of the risks associated with the digital assets. Belgium Poised to Protect Consumers From Misleading Crypto Advertisements Belgium’s Financial Services and Markets Authority…
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Belgium’s financial regulator has outlined new crypto advertising laws that require virtual currency firms to include a stark warning about potential risks in their advertisements. The new requirement is part of a crackdown by Belgium’s Financial Services and Markets Authority (FSMA), which was given new powers to supervise digital currency advertising. … Read More: Belgium Cracks…
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America’s biggest sports event of the year, Super Bowl, will not feature any crypto ads – and FTX is (partly) to blame. Fox declared this Monday that in-game ads for Super Bowl have been sold. Per Associated Press, Mark Evans, executive vice president of ad sales for Fox Sports, said that some ads went for…
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The famous Berliner Fernsehturm tower in Germany’s capital was on Saturday decorated with the Bitcoin (BTC) logo – and it wasn’t the only iconic monument to be dressed in ₿…. Read More: Berlin’s TV Tower Lights Up with Giant Bitcoin Logo and This Twitter User Just Claimed Responsibility Read more »Sign up for e-EUR –…
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According to various reports, investors are reportedly interested in purchasing Coindesk, a cryptocurrency news publication. On Jan. 18, Wang Feng, founder of China-based news publication Marsbit, announced his intentions to purchase Coindesk along with other members of the crypto industry. This news follows a report from Semafor at the end of November 2022 stating that…
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