Advertising is a powerful tool. The UK advertising watchdog’s power is less clear.
The Advertising Standards Authority is cracking down on crypto, again. The problem is that no one else in the UK really is.
The ASA on Wednesday formally rebuked seven crypto businesses for breaching advertising industry standards. It had already warned companies against underplaying the risks of investing in a volatile asset class, misleading investors and trivialising crypto in early July.
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