Thai SEC: Crackdown on Misleading Crypto Ads
Global regulators, including Thailand's SEC, target deceptive crypto advertisements, implementing stringent guidelines to safeguard investors and deter fraudulent activities.
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Global regulators, including Thailand's SEC, target deceptive crypto advertisements, implementing stringent guidelines to safeguard investors and deter fraudulent activities.
Crypto scammers execute a $58M heist via phishing campaigns on Google and X ads, utilizing a 'Wallet Drainer' and evading detection with regional targeting and redirect tricks.
Starting January 29, 2024, Google will implement updated advertising policies for the cryptocurrency industry. Taking Taiwan as an example, advertisers will need authorization from Taiwan's Financial Supervisory Commission to place advertisements.
New rules for crypto ads are set to take effect on October 8, and restrict the ways that crypto businesses can advertise services to consumers.
The current Bitcoin bear market will likely end this year, according to Hashrate Index.
The new rules, which took effect this week, require crypto operators to display clear risk warnings on ads and prohibit the inclusion of false or exaggerated information about companies.
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APE risks crashing into unchartered price territory as it follows Bitcoin and the rest of the crypto market.