Category: Kraken

UK advertiser ASA continues crypto ad banning spree

UK advertiser ASA continues crypto ad banning spree

The United Kingdom’s Advertising Standards Authority, or ASA, has approved an official ban on two mobile application advertisements from popular trading platform Crypto.com that promoted the ease of purchasing cryptocurrencies, such as Bitcoin, as well as earning yield rewards on digital assets. Gaining notoriety within the industry for their strict legislation on the proposed implications […]

Continue Reading

Arsenal football club in dispute with ASA over ‘irresponsible’ crypto ad

Arsenal football club in dispute with ASA over ‘irresponsible’ crypto ad

Following the ASA’s decision, Arsenal announced that it would appeal against it and stated that it had provided further information regarding financial risks. 1821 Total views 30 Total shares The Advertising Standards Authority (ASA), a body that oversees advertising in the United Kingdom, is cracking down on non-compliant crypto advertisements.  Earlier this year, Arsenal became […]

Continue Reading

UK advertising watchdog bans crypto ads for Coinbase and Kraken

UK advertising watchdog bans crypto ads for Coinbase and Kraken

The ASA wants crypto firms to make it clear that past crypto rallies do not guarantee the same scenarios in future. The Advertising Standards Authority, or ASA, the United Kingdom’s independent advertising regulator, has taken down another batch of cryptocurrency-related ad campaigns promoting several major industry firms. On Dec. 15, the advertising watchdog issued several […]

Continue Reading

Liquid staking protocol pSTAKE raises $10M from notable cryptocurrency venture capital firms and angel investors

Liquid staking protocol pSTAKE raises $10M from notable cryptocurrency venture capital firms and angel investors

Twelve venture capital firms and three angel investors have joined in to fund the DeFi protocol. 310 Total views 12 Total shares On Tuesday, pSTAKE, a liquid staking protocol from decentralized finance (DeFi) platform Persistence, announced in a statement provided to Cointelegraph that it had closed a $10 million strategic funding round from venture capital […]

Continue Reading

CFTC hits Kraken with $1.25M in fines over alleged illegal offering

CFTC hits Kraken with $1.25M in fines over alleged illegal offering

“Margined, leveraged or financed digital asset trading offered to retail U.S. customers must occur on properly registered and regulated exchanges in accordance with all applicable laws and regulations,” said Vincent McGonagle, the CFTC’s acting director of enforcement. 4197 Total views 28 Total shares The United States Commodity Futures Trading Commission, or CFTC, is ordering crypto […]

Continue Reading