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UK Regulator Bans Coinbase Ads Over Misleading Crypto Claims

1 month ago 8684
UK Regulator Bans Coinbase Ads Over Misleading Crypto Claims

The post UK Regulator Bans Coinbase Ads Over Misleading Crypto Claims appeared first on Coinpedia Fintech News

The UK’s Advertising Standards Authority has banned Coinbase’s β€œEverything Is Fine” ad campaign for suggesting that cryptocurrency could help ease the cost-of-living crisis without clearly explaining the risks. The ads used satirical videos and posters to highlight economic stress, which regulators said could mislead people into seeing high-risk crypto as a simple solution. Coinbase said the campaign was meant to criticize the financial system, but agreed to comply with the ruling and follow UK advertising rules.

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