Advertising Standards Authority rules crypto ads 'misleading'

Coinbase and eToro

clock • 2 min read

Cryptocurrency firms including Coinbase and eToro are guilty of issuing misleading and irresponsible ads, according to a new ruling from the Advertising Standards Authority.

The ASA has taken issue with the crypto industry, claiming there are "widespread" problems with it producing misleading and irresponsible adverts, the FT reported. FCA: Majority of crypto exchange applications 'withdrawn or refused' Coinbase and eToro are just two in a cohort of digital asset companies rebuked by the agency for breaching UK advertising standards in a slew of promotional adverts, online campaigns and endorsements by social media influencers. Papa John's pizza chain is one company to have come under fire from the regulator, after it offered £10 back to customers in t...

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