Regulators from key crypto markets, including the United Kingdom and Spain, have also taken similar measures against misleading crypto advertisements to minimize losses from crypto investments.
FCA releases guidance for compliance with new UK crypto asset promotion rules
The regulator has made a few efforts to help crypto firms comply with the rules that came into force on Oct. 8.
Binance, OKX to comply with new financial promotions rules in UK
Crypto firms such as Binance, OKX and MoonPay have announced they’ve been working to comply with the United Kingdom’s new financial promotion rules.
UK FCA gives unregistered crypto firms ‘final warning’ on ads regime compliance
The financial regulator expressed its frustration at the lack of engagement from crypto firms in a strongly worded letter.
SEC charges crypto investment manager with misleading advertising, custody claims
The case against Titan Global Capital Management is the first brought under the U.S. regulator’s 2020 revised marketing rule. It also touches on compliance issues.
Crypto ads face stricter rules including a referral bonus ban by FCA
Crypto services in the U.K. will face stricter regulations, including a “cooling-off period” for first-time investors and a ban on “refer a friend” bonuses.
Belgian FSMA surveys crypto investors before taking on new ad regulation authority
Crypto ads in Belgium will bear a blunt warning after a new regulation takes effect in May, and “mass” advertising campaigns will be subject to advance FSMA approval.
Indian Cricket Board Tells Women’s Premier League Teams to Shun Crypto Links
The organization overseeing cricket in India told five franchises of the newly formed Women’s Premier League (WPL) to avoid associating with any cryptocurrency or blockchain-related entities.
Crypto ads and sponsors banned from women’s cricket league in India
Following men’s cricket, the Board of Control for Cricket in India (BCCI) prohibits the women’s teams from having commercial associations and other sponsorships with crypto businesses.
YouTuber baits MMA fighter into secretly shilling fake NFTs for $1K
Coffeezilla, a YouTuber and crypto investigator, revealed that American mixed martial artist Dillon Danis promoted a fake NFT project without disclosing that he received $1,000 for the advertisement.
FTX meltdown triggers FINRA into probing crypto comms
The examination comes in the wake of the FTX debacle, a crypto exchange found to be mismanaging customers’ funds by simply lying about their operations.
Amendment to UK financial services bill provides regulation for crypto activities
The bill addressed stablecoin regulation from the start; now the Financial Conduct Authority will be empowered to regulate activities with crypto assets if the amended bill passes.
Netflix bans crypto commercials on ad-based streaming service: Report
Desperate to boost revenues, Netflix announced in July that it would be launching a cheaper subscription tier that features commercials.
Dubai issues crypto marketing rules to better protect investors
Dubai’s new Virtual Asset Regulatory Authority requires more clarity and transparency from industry marketers and promoters to protect investors.
Binance takes legal action against fake billboard ads in Turkey
Trying to cash in on Binance’s popularity in the country, scammers in Turkey have been found to rent numerous billboards to advertise fake Binance-themed opportunities.
Financial future or false promises? Crypto firms go big on ads in 2022
Cryptocurrency companies have impressive advertising budgets this year, but industry experts have differing opinions when it comes to marketing crypto.
Crypto.com airdrops LeBron James NFT collection to eagle-eyed Super Bowl ad viewers
The company said that royalties from secondary sales are set to go to the LeBron James Family Foundation.
Five key takeaways from the official Indian crypto ads guideline
The new guidelines regulate the size and language of disclaimers while prohibiting portraying the market as a ‘get rich quick scheme.’
Who really created the Coinbase Superbowl ads? Armstrong called out on Twitter
“No ad agency would have done this ad,” claimed CEO Brian Armstrong. Except… an ad agency alleges it did pitch this concept to Coinbase.
Crypto spawns most expensive adverts on Telegram in 2021: Data
Prices for crypto ads on Telegram have outstripped those for other topics like investment and trading, according to one study.