UK advertising authority takes action against ‘irresponsible and misleading’ Bitcoin ad
A Bitcoin advertisement was the subject of a complaint that was investigated by the Advertising Standards Authority (ASA) of the United Kingdom. Coinfloor, a cryptocurrency exchange, was the entity that placed the ad in question on 3 December 2020 within the regional press. The text in the advertisement, which was criticised heavily, was given the title “there is no point in keeping your money in the bank…” The advertisement for Bitcoin, which was rumoured to be “targeting” retirees, featured…