Social media platforms such as TikTok, Twitter, Instagram and Youtube from the European Consumer Organization (BEUC) have complained to authorities to ban cryptocurrency ads.
9 BEUC member countries, European Commission and European Union (EU) consumer authorities TikTok, Twitter, Instagram and Youtube like social media apps crypto ads ban filed a complaint.
Among the BEUC member states applying Belgium, Denmark, France, Greece, Italy, Lithuania, Portugal, Slovakia and Spain is located.
BEUC is the umbrella group of 46 independent consumer organizations from 32 countries. cryptocurrency ads against more hard rules to acquire and through these ads consumers to harm to be prevented wanted. Your platforms fulfill the terms unable to bring case, you can completely remove the cryptocurrency ads. bans da BEUC demands was among.
BEUC President Monique Goyens in a statement to consumers through social media get rich fast that they might that promises were made and unfortunately in most cases these promises won’t be true He said it was just as good. Goyens, consumers justice by a help unless at risk of losing money He stated that he was facing
Crypto ads in all areas of the media in front of people Goyens said:
Crypto ads are everywhere. You can see them in primetime television.
In this context goyens, current consumer laws. additional as social media platforms new measures to receive in place One decision implied it would. President, platforms to unfair trade against EU rules professional And attentive He added that he has an obligation to carry out an activity.
The laws of national consumer organizations in a theoretical sense breach to businesses that fine can apply while specifying last year of TikTok Upon complaint by BEUC EU to the restrictions promise to obey was reminded.
Also in this context national regulators. enough complicated an effort to fight that you didn’t show Referring to the President, the European Union level against the problem take precautions for legal One rest And sanction one that can executive branch stated there was. goyens, Unfair Commercial Practices Directive And to CPCN referred to.
In the letter EU from consumer authorities for more drastic measures make a request and applied effectiveness of measures about to the European Commission He was also asked to submit a report.