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Market Cap
24h Vol
22623
Cryptocurrencies
54.16%
Bitcoin Share
Seeking Alpha 2022-05-28 15:15:00

Crypto.com, Coinbase violate the most advertising guidelines among rivals, report says

Crypto.com, Coinbase violate the most advertising guidelines among rivals, report says

Cryptocurrency exchanges Crypto.com (CRO-USD) and Coinbase Global (NASDAQ:COIN) have breached the most advertising rules among its competitors, according to a recent Crypto Head's report, which analyzes ads that were banned in the U.K. by the Advertising Standards Authority ("ASA"). The report counted 13 advertising code violations by Crypto.com (CRO-USD) and 12 by Coinbase (COIN), topping the list of 11 crypto-focused firms. As for the rest of the catalog: Arsenal F.C. committed 9 breaches, Luno Money (9), Coinfloor (7), Ziglu (6), Skrill (6), Coinburp (6), eToro (6), Exmo Exchange (6) and Payward/Kraken (6). The most common type of advertising breach was "misleading advertising" with a total of 44 occasions where this rule was broken, the report said. That means advertisers were misleading the viewer by "either suggesting things that are untrue, or leaving out information that is crucial in order for the viewer to form a balanced opinion," as per the report. The

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