Canadian Regulators Warn Against Misleading, ‘Gambling-style’ Crypto Ads

From decrypt.co

Canadian financial regulators, the Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC), have published a joint guidance letter to remind crypto trading platforms about the importance of “requirements relating to advertising, marketing, and social media use.” In the document published last Thursday, the regulators outlined the three main areas of concern: ads and marketing materials that “could be considered false or misleading,” the use of gambling-style contests, promotions, or schemes, and “compliance and supervisory challenges” of using social ... (full story)