Dubai issues crypto marketing rules to better protect investors
Dubai's new Virtual Asset Regulatory Authority requires more clarity and transparency from industry marketers and promoters in order to protect investors.
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Dubai's new Virtual Asset Regulatory Authority requires more clarity and transparency from industry marketers and promoters in order to protect investors.
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“Just making sh*t up” — Neal Stevenson’s science fiction novel, Snow Crash, long foretold the rise of a techno-marketing dystopia.
Instead, the platform encourages users to do their own research, and trust in themselves when it comes to investing in cryptocurrencies.
The marketing will adjust to a new crypto future, with a decentralized consumer community, operating via Web 3.0.
“Misleading advertisements and improper marketing strategies may encourage investors to take on risks they would normally avoid," said CSA chair Louis Morisset.
The new executive said she hopes to "introduce millions more people to the benefits of crypto."