🇪🇺 European Commission urged to tighten supervision over cryptocurrency advertising

The European Consumer Protection Association (BEUC) has called on the European Commission to tighten its oversight of cryptocurrency advertising on social media. Reuters writes about this, citing an association document.

BEUC claims that social networks allow the distribution of "misleading advertising of cryptocurrencies", which is an unfair commercial practice. Consumers are deceived not only by advertisers, but also by influencers, BEUC notes.

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