Irish watchdog cracks down on ‘misleading’ digital currency ads
Ireland could become the latest country to crack down on digital currency ads as the country’s advertising watchdog reviews its guidelines to protect investors from ‘misleading’ ads.
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Ireland central bank warns against ‘misleading’ digital asset ads
The Central Bank of Ireland issued its fresh warning on digital assets this week as part of Europe-wide campaign to educate investors on the risks that they face if they choose to invest in the asset class.
Guidelines for digital currency ads take effect in India on April 1
All virtual digital assets advertisements must follow the Advertising Standards Council of India guidelines, which include carrying a disclaimer, removing misleading statements and including the advertiser’s name and contact details.
Australian consumer watchdog takes legal action against Meta over scam ads
The Australian Competition and Consumer Commission alleges Meta either knew the ads were misleading or assisted the scammers in attracting their target audience, while benefiting from placement revenue.
UK watchdog bans ‘irresponsible’ London tube Floki Inu memecoin ads
The Advertising Standards Authority (ASA) announced that it had banned the ad which contained an image of a cartoon dog wearing a Viking helmet as well as text that read, “MISSED DOGE. GET FLOKI.”
Digital asset ads must come with ‘high risk’ disclaimer in India starting April
India’s advertising watchdog has released new rules for Bitcoin advertisements, including a requirement for a ‘high risk’ disclaimer and refraining from using “currency.”
Facebook could face criminal charges in Australia over digital asset scam ads
Australian mining magnate Dr. Andrew Forrest is accusing the social network giant of being "criminally reckless" and knowingly profiting from illegal scam advertisements that used his image.
UK government vows to get tough on digital currency ads
U.K. Chancellor Rishi Sunak noted that digital currency assets allow new ways to transact and invest, although he also emphasized the need to balance this innovation with investor protections.
Digital currency ads make a return to Google
The updated policy, which was first outlined in June, allows advertisers to market their digital currency services to audiences in the United States, provided they meet specific requirements.
TikTok bans digital currency ads as UK regulator puts them on ‘red alert’
In an update to its policies, the social media platform prohibited branded content relating to financial services such as digital currencies, foreign exchange, forex trading, and investment services.
Google updates advertising policy for digital currency firms
The revisions are the first overhaul to the rules since late 2018, when it loosened restrictions around advertising from previously stricter measures.
UK advertising watchdog bans ‘socially irresponsible’ Coinfloor investment ad
The ASA flagged Coinfloor’s phrase “there is no point in keeping your money in the bank” as objectionable, despite a small-print disclaimer at the foot of the ad.