UK advertising watchdog slams poster for cryptocurrency Floki Inu as irresponsible
The ASA challenged whether the ad was irresponsible because the use of an image of a cartoon dog trivialised investment in cryptocurrency.
The ASA challenged whether the ad was irresponsible because the use of an image of a cartoon dog trivialised investment in cryptocurrency.
The new FCA rules seek to improve risk warnings on ads and ban incentives to invest, for example new joiner or refer-a-friend bonuses.
Plans to strengthen the rules on cryptoasset advertisements and protect consumers were published by the UK Government today.
Payment and cryptocurrency trading platform Crypto.com got under fire in the UK for two in-app ads.
The ASA challenged whether the Skrill ad was misleading because it failed to illustrate the risk of investing in cryptocurrencies.
ASA told Arsenal Football Club PLC to ensure that their future ads did not trivialise investment in cryptoassets.