Advertising for cryptocurrencies is subject to new rules in Belgium. For example, the Financial Services and Markets Authority should be informed in advance of major advertising campaigns, it states in this press release. Own research would show that advertisements for cryptocurrencies are misleading. Too much is given the impression that you can get rich quickly with it. So, for example, exchanges and brokers have to point out to their (future) customers a lot about the risks associated with cryptocurrencies, such as volatility. However, investors are not deterred by the past…
Read MoreBelgium adopts new crypto ad law, risk statement is obligatory
