Free crypto advertising v. Vancouver: What you need to know
Vancouver has been a hotbed of crypto advertising for some time, with many companies offering to advertise for crypto in the city.
However, the city recently banned crypto advertising altogether, citing safety concerns.
The city’s new regulations also ban websites offering free crypto ads from offering free advertising in the same city.
As a result, we have to ask ourselves: is it safe for the public to use free crypto advertisements to advertise to their friends?
If we can’t do it in a safe way, it’s a bit like putting up billboards in public places.
The Vancouver city council has proposed a number of measures to try to address the problem.
The first is to ban the advertising of crypto, which would be a huge relief for the city’s crypto community.
The council has also proposed that websites selling crypto-related goods or services have to be registered as a “foreign agent”.
“It would mean the government wouldn’t be able to use this advertising to target people based on their political ideology, religion, nationality or social affiliation,” the council said in a statement.
“And it would mean it would be harder to make it illegal.”
The council also said the council would not approve any new advertising businesses that are not registered with the city as a foreign agent.
There is a lot of interest in crypto and its potential as a payment system and social network.
The cryptocurrency community is also very active on social media platforms like Reddit, which has been used to promote news about the crypto craze.
It’s unclear whether any new laws will be introduced this year, as the council has not yet released a final draft of the regulations.
If you would like to read more about crypto advertising in Vancouver, you can read our story on the future of crypto in Vancouver.
Featured image from Shutterstock.