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UK watchdog slams Crypto.com for misleading ad

From fxnewsgroup.com

The UK Advertising Standards Authority (ASA) continues its onslaught against misleading cryptocurrency advertising. Following last month’s rulings against eToro and Coinbase, as well as Arsenal Football Club, the ASA today issued a ruling against Crypto.com, a payment and cryptocurrency trading platform. The ruling concerns two in-app ads for Crypto.com: a. The first ad, seen on 1 September 2021 in the Daily Mail app, included text which stated “Buy Bitcoin with credit card instantly.” b. The second ad, seen on 30 July 2021 in the Love Balls app, included text which stated “Earn up to 3.5% p.a”. The number in the ... (full story)

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