The UK Advertising Standards Authority (ASA) has prohibited Coinbase from running advertisements that minimize the risks associated with cryptocurrency investments. The ASA criticized the ads, which included a satirical music video and three posters, for being "irresponsible" and misleading consumers by suggesting that cryptocurrencies could easily solve financial issues. The ads were previously rejected by Clearcast, the television advertising regulator, for similar reasons.
UK Bans Coinbase Ads for Downplaying Crypto Risks
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