Canadian regulators warn against 'gambling style' advertising and marketing i...
“Misleading advertisements and improper marketing strategies may encourage investors to take on risks they would normally avoid," said CSA chair Louis Morisset. The Canadian Securities Administrators, or CSA, and Investment Industry Regulatory Organization of Canada, or IIROC, have issued guidelines for crypto trading platforms operating in the country to avoid “advertising and marketing materials that could mislead investors.” In a Sept. 23 publication, the Canadian regulators’ guidelines warn crypto companies not to advertise “gambling style” promotions in which an investor is encouraged....
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In Europe, online gambling has recently caught the attention of regulators in several countries. This sudden interest has been sparked by a desire among regulators to do more to curb problems normally associated with gambling. Some solutions that have been offered include greater transparency, licensing measures, prohibitions that make it harder for minors to engage in online gambling, and stricter rules on marketing and advertising. The concerted efforts to make online gambling safer, which is being touted as promoting “responsible online gambling,” has made it’s way to the UK where....
The Canadian Securities Administrators will require crypto trading platforms to file an undertaking committing them to investor protections while their registration is in process. The Canadian Securities Administrators (CSA), the council of provincial and territorial securities regulators, announced Monday that crypto trading platforms will be expected to provide a preregistration undertaking to their principal regulators as they take steps to comply fully with securities regulation. Two platforms, Crypto.com and the Canadian platform Coinsquare Capital Markets, have already filed those....
U.K. financial regulators have announced an 11 million pound digital marketing war chest to warn people about the dangers of crypto investments. The United Kingdom’s Financial Conduct Authority (FCA) created an 11 million pound ($15.2 million) digital marketing campaign to warn citizens about the risks associated with crypto investments.Nikhil Rathi, chief executive of the FCA, made this known in a draft speech for the agency’s webinar titled “Our Role and Business Plan” delivered on Thursday.Detailing the FCA’s decision to create the campaign fund, Rathi stated that the U.K. regulator is....
Dubai will soon be pursuing a new license program directed towards the crypto space service providers, local regulators by introducing marketing and advertising rules for the industry. Dubai’s virtual asset regulatory authority (VARA), a cryptocurrency regulatory had proposed for new guidelines on marketing, advertising and promotions of cryptocurrencies. VARA has mentioned about all forms of […]
Bitcoin Marketing Team is a specialist Bitcoin marketing, advertising and communications company based in Dublin, Ireland ran by Jamie McCormick who has brought his nearly decade of experience in the online video games industry with McCormick Advanced Marcomm into the digital currency arena. Since leaving the games publishing industry in 2014 it seemed like a logical idea for someone with his expertise in the games industry and marketing technology design to delve into the crypto-currency sphere which was starting to penetrate into the mainstream around this time. Having managed and....