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Crypto Advertisement Still Unwelcome, How Is the Industry Coping?

Published 08/28/2019, 02:45 PM
Updated 08/28/2019, 03:01 PM
Crypto Advertisement Still Unwelcome, How Is the Industry Coping?
BTC/USD
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The United Kingdom’s Advertising Standards Authority (ASA) recently resolved a complaint regarding advertising of Bitcoin (BTC) from the BitMEX crypto derivatives exchange. According to the ASA, the website showed Bitcoin graphs with misleading price dynamics since January 2019. The ASA received four complaints, each accusing the platform of being misleading about Bitcoin investment profitability. The court satisfied the complaints.

However, this was not the first time that a state took a tough attitude toward advertisement of cryptocurrencies. Here is an overview of how cryptocurrencies are advertised — or not — in the world right now.

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