Crypto.com & FC Barcelona encounter ban in the UK for NFT ads
The UK has quite an uncertain stance on crypto . Over the last couple of months, several crypto -related firms were shut off from the UK. This was mostly due to the Advertising Standards Authority [ASA], UK’s advertising regulator. Earlier this year, the ASA banned two “misleading” ads by Crypto.com . Looks like this notion persisted and this time it was related to NFTs. Earlier today, the ASA rolled out a ruling that pointed out how Crypto.com had launched an ad back in July 2022 that read, “ Crypto.com NFT is now available in the Crypto.com App. Mint, collect and trade NFTs and manage your crypto all in one place. Launch Crypto.comNFT from the App home screen and make a purchase via drops on the Marketplace. Sign up to Crypto.com/NFT now! Access Crypto.com NFT at your fingertips” . It should be noted that this ad came with a video as well. The video reportedly shed light on how to purchase NFTs on the exchange. The ASA accused the platform of not highlighti...