South Africa to stamp out unethical digital asset ads with new advertising rules
South Africa’s ads watchdog worked with industry stakeholders to develop the new clause which requires VASPs to tell users they could lose all their money.
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UK Lords: Broader regulation is needed to govern Bitcoin and digital currencies
After its second reading of the Financial Services and Markets Bill, members of the British House of Lords have voiced concerns that it does not go far enough and that a whole new regulatory approach will be required.
YouTube vs. Bitcoin: The quest for an effective advertising model
Content creators could tell that their advertising model—which only exists due to the lack of payment technology—is broken if they continue to face large cuts in revenue amid a steady performance.
Irish privacy regulator fines Meta more than $400M over illegal ad practice
The decision by Ireland's Data Privacy Commissioner (DPC) found that Meta had illegally forced users to accept personalized ads by placing the legal consent within the terms of service.
NOBL’s Errol Hula: ‘We’re weeding out fake news from social media–no BS’
NOBL comes with a BS button that allows users to flag fake news, and as Errol Hula tells CoinGeek Backstage, this is only possible on the massively-scaling BSV blockchain.s
The uncertain liabilities of digital asset advertising
Advertisements should be honest and truthful than the 'endorsing' celebrity, and advertisers are subject to liability if proven otherwise, according to the U.S. Federal Trade Commission guidelines.
FTC is probing digital asset firms over misleading ads: report
FTC revealed to Bloomberg it’s going after several companies over their ads, but withheld their names, months after Kim Kardashian settled with SEC for $1.3 million.
Kim Kardashian settles for $1.26M with SEC over EthereumMax promotion
The celebrity posted on Instagram an ad that promoted EthereumMax to her 250 million followers, failing to disclose that she had received $250,000 in payment for the promotion.
Twitter agrees to $150M settlement with DOJ and FTC over privacy breach
The U.S. federal agencies alleged that the popular social media platform violated the FTC Act by deceiving users about the use of data it collected.
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.
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.