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taskmaster4450le
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@taskmaster4450le
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The UK regulatory body has removed Coinbase ads over 'irresponsible' concerns

On Wednesday, January 29, the UK’s Advertising Standards Authority (ASA) criticized a Coinbase video ad and three posters that have been running in London’s tube and train stations since August. Thirty-five complainants told the ASA the ads were irresponsible, downplayed cryptocurrency risks, and implied Coinbase could solve people’s financial problems. The video ad showed common life struggles—like high living costs and unemployment—suggesting Coinbase is an alternative to traditional finance and can tackle life’s challenges and financial issues.

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