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Comment: Facebook, Google torn both ways by EU regulators on cryptocurrency ads

By Jack Schickler ( April 22, 2021, 12:37 GMT | Comment) -- Social-media sites hosting cryptocurrency ads are being torn in both directions by EU regulators. Financial watchdogs don’t want the likes of Google to promote scams — but arbitrary restrictions on the right to advertise can also prompt complaints to antitrust officials. EU laws designed to curb initiatives like the Facebook-backed Diem could fix the problem, but perhaps not soon enough.Social-media sites hosting cryptocurrency ads are being torn in both directions by EU regulators....

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