Short-video-making platform and social media giant TikTok has started banning several financial products and services that promote digital currencies. As per the recent update of TikTok’s policy, it has banned the promotion of cryptocurrencies across its global operations.
This is part of TikTok’s existing policy extension wherein now it prohibits the lending of money assets, digital currencies, foreign exchange, investment services, pyramid schemes, get rich quick schemes. The platform has previously warned individuals and influencers from giving investment advice. TikTok cited concerns of misleading suggestions with outsized returns that sway young investors.
Last month in June 2021, TikTok also joined hands with Citizens Advice for rolling out videos that teach on making informed financial decisions. Back then, TikTok said it wanted to take this effort will spread alertness regarding financial misinformation and help users to make confident decisions.
Interpreting the TikTok Dec
Źródło: https://coingape.com/popular-video-platform-tiktok-bans-crypto-promotion-ads/
