07-10-2021, 01:19 AM
TikTok Influencers Banned from Promoting Cryptocurrencies
<!-- SC_OFF --><div class="md"><p>Wildly popular video-sharing app TikTok—which is partially responsible for the rise of meme cryptocurrencies like Dogecoin—has prohibited its users from promoting cryptocurrencies, The Daily Mail reports.</p> <p>Apart from crypto, a slew of other financial services and products, such as loans, credit cards and forex trading, are also banned under the app's recently updated branded content policy.</p> <p>Popular social media accounts usually receive a commission for endorsing certain products.</p> <p>There were concerns that some unscrupulous users were taking advantage of young people's credulity and lack of investing skills.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Ghoststoke"> /u/Ghoststoke </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ogwzau/tiktok_influencers_banned_from_promoting/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ogwzau/tiktok_influencers_banned_from_promoting/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Wildly popular video-sharing app TikTok—which is partially responsible for the rise of meme cryptocurrencies like Dogecoin—has prohibited its users from promoting cryptocurrencies, The Daily Mail reports.</p> <p>Apart from crypto, a slew of other financial services and products, such as loans, credit cards and forex trading, are also banned under the app's recently updated branded content policy.</p> <p>Popular social media accounts usually receive a commission for endorsing certain products.</p> <p>There were concerns that some unscrupulous users were taking advantage of young people's credulity and lack of investing skills.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Ghoststoke"> /u/Ghoststoke </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ogwzau/tiktok_influencers_banned_from_promoting/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ogwzau/tiktok_influencers_banned_from_promoting/">[comments]</a></span>Kind Regards R