Overview
- Clearcast refused to clear Coinbase’s “Everything Is Fine” spot for UK broadcasters and the ASA banned it for misleading viewers by omitting volatility and risk warnings.
- Brian Armstrong labeled the decision “censorship” on X and argued that the ban indicates the ad struck a truthful nerve.
- Despite the TV block, the two-minute musical has racked up millions of online views and mixed reactions from crypto supporters and critics alike.
- Former Chancellor George Osborne warned that the UK risks lagging in crypto innovation without a coherent regulatory framework.
- UK regulators continue to enforce strict ad rules that critics say stifle financial innovation, while Coinbase pledges similar campaigns in other regions.