{"id":6078,"date":"2021-05-27T08:48:52","date_gmt":"2021-05-27T12:48:52","guid":{"rendered":"https:\/\/www.technewsday.com\/?p=6078"},"modified":"2021-08-03T11:05:23","modified_gmt":"2021-08-03T15:05:23","slug":"london-bans-bitcoin-ad-for-misleading-information","status":"publish","type":"post","link":"https:\/\/technewsday.com\/staging\/london-bans-bitcoin-ad-for-misleading-information\/","title":{"rendered":"London Bans Bitcoin Ad For Misleading Information"},"content":{"rendered":"\n<p>An advert poster plastered over London&#8217;s public transport by cryptocurrency exchange platform Luno, has been banned.<\/p>\n\n\n\n<p>According to The Advertising Standards Authority (ASA), the advert, which read &#8220;If you&#8217;re seeing Bitcoin on the underground, it&#8217;s time to buy,&#8221; was misleading and omitted key risk warnings.<\/p>\n\n\n\n<p>While ASA rules state that advertising must be clear about the value of investments, the agency revealed that the simplicity of Luno&#8217;s &#8220;it&#8217;s time to buy&#8221; advert statement &#8220;gave the impression that Bitcoin investment was straightforward and accessible.&#8221;<\/p>\n\n\n\n<p>The agency concluded that the ad irresponsibly gave the impression that Luno&#8217;s involvement in bitcoin investments was simple and straightforward.<\/p>\n\n\n<p>For more information, read the <a href=\"https:\/\/www.bbc.com\/news\/business-57254318\" target=\"_blank\" rel=\"noopener\">original story<\/a> in the BBC.<\/p>","protected":false},"excerpt":{"rendered":"<p>London Underground bans bitcoin ad for being irresponsible and misleading.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9],"tags":[124],"class_list":["post-6078","post","type-post","status-publish","format-standard","hentry","category-todays-news","tag-bitcoin"],"acf":[],"_links":{"self":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/6078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/comments?post=6078"}],"version-history":[{"count":4,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/6078\/revisions"}],"predecessor-version":[{"id":6097,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/6078\/revisions\/6097"}],"wp:attachment":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/media?parent=6078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/categories?post=6078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/tags?post=6078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}