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Singapore Gambling Regulatory Authority to Crack Down on Use of Crypto Assets

The HALLO ECHO The HALLO ECHO https://secure.gravatar.com/avatar/6643e16afd87312befa164d5a24507e3?s=96&d=mm&r=g March 14, 2023 March 14, 2023

By: The HALLO ECHO

March 14, 2023

Singapore’s new gambling regulator, the Gambling Regulatory Authority (GRA), announced it has no plans to legalise the use of cryptocurrency within its land-based gaming industry as it continues to explore the use of crypto across video game and social gaming platforms. In what appears to be a continuation of Singapore’s general opposition to the…

ASA Bans 7 Crypto Ads in the UK

The HALLO ECHO The HALLO ECHO https://secure.gravatar.com/avatar/6643e16afd87312befa164d5a24507e3?s=96&d=mm&r=g December 20, 2021 December 20, 2021

By: The HALLO ECHO

December 20, 2021

UK advertisements watchdog has banned seven cryptocurrency ads by categorising them as “red-alert priority”. The banned ads include ones by Coinbase and Papa Johns. The Advertising Standards Authority (ASA) said its rulings follow proactive monitoring of cryptoasset ads, and form part of a wider project that will eventually shape specific guidance around advertising these…