There were 40,000 crypto ads on London's transport network in a six-month period last year 🚨
crypto adverts were displayed on London's transport network in a six-month period last year, new figures reveal.ads were shown across the capital's buses and trains between April and September 2021.
They included promotions for exchanges including eToro, Crypto.com and Luno — alongside billboards promoting the Floki Inu memecoin. Some of these ads ended up getting banned by the U.K. Advertising Standards Authority, and affected companies were told the billboards couldn't appear in the same form again.
Perhaps more concerning for regulators will be the appearance of ads for advanced products such as trading bots, which are designed to automate the process. Transport for London has said that it vets all ads before they are allowed to appear on its services — and the newspaper reports that promotions don't run if they feature similar language to those seen in banned ads.
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