UK Bans Two Ads of Crypto.com

ASA, the UK’s advertising supervisory agency, received two complaints after the complaint. Crypto.com your ad announced the ban.

First on the Daily Mail’s smartphone app, “get bitcoin instantly with credit cardIt was stated that there was an advertisement that said ”. The second ad is the “” seen on the Love Balls app.up to 3.5% interest” was announced as an advertisement stating that they gave.

When you click on this ad 8.5% interest Advertising Standards Authority (ASA), stating that the first After the 3.5% promise of the place to 8.5% He said that the investment risk was not shown and people’s inexperience was exploited. The institution also get into debt no mention of the dangers and crypto money with credit card He also objected to the recommendation.

After these comments by ASA Crypto.com removed the ads.

Crypto.com any no penalty but in their next advertisement, investments in cryptocurrency values ​​may decrease. to give details about in the warnings found.

Advertising Standards Authority (ASA), previously 7 different companies banned its advertisements. Some of those Coinbase, Kraken, eToro were the world’s largest cryptocurrency exchanges, such as pizza chain It was Papa Johns.

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Related article:  Papa Johns’ “Bitcoin Winning Promotion” Ad Taken Down

 

The article named UK Banned Two Advertisements of Crypto.com was prepared by Akın Akalın and published on koinbulteni.com.

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