The UK Advertising Standards Authority has banned a series of Coinbase advertisements, saying they irresponsibly portrayed cryptocurrency as a response to cost-of-living pressures while minimizing investment risks. The ads included a satirical musical-style video and posters displayed across major transit hubs.
According to the regulator, the campaigns used humor and social commentary to frame crypto as an accessible alternative to economic hardship without adequate disclosure of potential losses. The decision builds on an earlier rejection of the video for television broadcast, though the ads continued to circulate online and in public spaces.
The ruling underscores the UK’s tightening approach to crypto promotion, aligning with broader Financial Conduct Authority rules requiring prominent risk warnings. As regulators seek to balance innovation with consumer protection, the decision highlights the increasing scrutiny facing crypto firms marketing to retail audiences in traditional media channels.
