Social media platforms mentioned in European Consumer Organization’s report include YouTube, TikTok, Instagram, and Twitter, criticizing them for their lax advertisement guardrails.
Under the new digital currency promotion rules, any promotion of digital currency products or services will need to attach a “clear warning,” suggested by the FCA.
France backpedals with its proposed ban on restricting influencers from promoting digital asset products, with plans to work with the European Banking Authority and ESMA in revising the draft bill.
While the checklist guides influencers in properly promoting digital currencies, regulators in the United Kingdom say they remain adamant about advertising such risky assets.
Under the incoming regulation, the Belgian FSMA will impose tighter restrictions on digital currency advertisements in the country.
With the Women’s Premier League expected to draw massive audiences, the Board of Control for Cricket in India is actively ensuring that the event would be free from advertisements tied to digital assets with its latest prohibition.
This year, Super Bowl fans will have to do without chasing Coinbase QR codes around the screen and will have to settle for alcohol, SUVs, packaged food, and movie ads.
Echoing BoE Governor Andrew Bailey, Irish central bank's Gabriel Makhlouf warns about the volatility of digital currencies and has called for a ban on advertisements tied to these assets.
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.
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.
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.
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.
