Binance, the world’s largest cryptocurrency exchangeCEO of Changpeng Zhao in a recent interview with CNBC Advertising bans on cryptocurrencies He shared his thoughts about it.
Finally, a few days ago, restrictions on cryptocurrency ads came from Singapore, Spain and the UK.
Stating that the advertising restrictions will not affect the interest or demand of investors in cryptocurrencies, CZ said that the interest in cryptocurrencies came with “word of mouth” marketing rather than advertisements.
CZ also Facebook and Google popular platforms such as Noting that it does not allow cryptocurrency ads, he argued that the advertising restrictions imposed are an indication of the increasing demand for cryptocurrencies.
“The majority of cryptocurrency investors already invest through word of mouth. In this context, the restriction of crypto advertising is unlikely to have much of an impact on demand.”
Clampdown on crypto advertising is unlikely to have much of an effect on demand, says @binance CEO Changpeng Zhao pic.twitter.com/K5EtuWyxGz
— CNBC International (@CNBCi) January 20, 2022
Cryptocurrency Ad Restrictions of Countries!
As will be remembered Singapore The Monetary Authority has issued new guidelines prohibiting crypto companies from advertising cryptocurrencies in public. MAS goes even further, enabling crypto service providers to It also banned him from opening crypto ATMs.
BritainAdvertising watchdog The Advertising Standards Authority previously published 7 ads, including ads from popular cryptocurrency platforms, “banned on the grounds that “they take advantage of the inexperience of consumers irresponsibly and do not show the risk of the investment”continues to exert its pressure on misleading crypto advertisements after
SpainSpanish regulators in new restriction on advertisements made by famous names or their sponsorsIt tries to control the way cryptocurrencies are promoted and marketed by introducing