🇬🇧 UK Bans Coinbase Ads Over Cost-of-Living Claims
The UK's Advertising Standards Authority has banned 4 Coinbase ads after 35 public complaints.
The Issue:
#coinbase ran satirical ads showing inflation, housing struggles, and rising costs with the tagline "If everything's fine, don't change anything."
The ads appeared on YouTube, London Underground, and rail stations, with zero risk warnings.
Why Banned:
→ Used humor to link crypto with financial hardships
→ Presented crypto as an easy solution to economic problems
→ No investment risk disclosures
→ Violated UK crypto advertising rules
Coinbase Response:
CEO Brian Armstrong called it "Censorship" but Agreed to Comply.
UK regulators are cracking down hard on crypto marketing. Any ads linking crypto to financial stress without proper warnings will face action.