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U.K Advertising Regulator ASA Bans Ads for Kraken, Coinbase and Luno Exchange -Breaking

by Mike Robinson

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U.K Advertising Regulator ASA Bans Ads For Kraken, Coinbase And Luno Exchange
  • U.K’s Advertising Standards Authority (ASA) bans several crypto exchange ads.
  • Banned cryptocurrency ads include Kraken, Coinbase (NASDAQ), Luno and many other.
  • ASA Terms: The ads may be misleading to the user.

Indeed, the United Kingdom is committed to improving its citizens. The Advertising Standards Authority (ASA), United Kingdom, has banned ads from prominent crypto exchanges worldwide. On December 15th, the ASA announced that it had officially ban several ads from different crypto exchanges because they are not in compliance with their rules and regulations.

ASA quotes as well that they want to exploit consumers who do not know about crypto and the potential risks it poses.

Kraken Ban

Kraken was promoted through a digital advertisement that could be seen at London Bridge station. According to ASA the risk disclaimer printed on the digital posters ran…

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