Digital asset ads in Spain will have to include a designated warning from February 2022, according to a new release from the Comisión Nacional del Mercado de Valores (CNMV).
The paper outlined the new rules on Monday, January 17th, indicating that the watchdog wants to “ensure that the advertising of the products offers true, understandable, and non-misleading content, and includes a prominent warning of the associated risks.”
It added that the cryptocurrency industry is non-regulated as of now, which could increase the associated risks. As such, individuals and outlets that advertise such services will have to include the following message at each post:
“Investments in crypto assets are not regulated. They may not be appropriate for retail investors, and the full amount invested may be lost.”
The post should also include an additional link or explanation, informing, “It is important to read and understand the risks of this investment, which are explained in detail at thi
We współpracy z: https://cryptopotato.com/spains-regulator-sets-new-rules-for-cryptocurrency-advertisement/
