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South African Self-Regulatory Body Mandates Risk Warnings in Crypto Ads

Under the industry’s self-regulation code, advertisements must clearly warn users of investment risk and social media influencers shouldn’t offer trading advice.

Updated Jan 23, 2023, 4:18 p.m. Published Jan 23, 2023, 9:05 a.m.
New rules seek to clamp down on the use of social media influencers such as Kim Kardashian. (Taylor Hill/FilmMagic/Getty Images)
New rules seek to clamp down on the use of social media influencers such as Kim Kardashian. (Taylor Hill/FilmMagic/Getty Images)