Regulation· ★★★· neutral·

Spain's CNMV tightens rules on financial and 'finfluencer' advertising

  • CNMV signed an agreement with Autocontrol to oversee social media advertising
  • Materials on investments, savings and cryptocurrencies will fall under the rules
  • The regulation covers the activity of 'finfluencers'
Why it matters: Tighter oversight of crypto advertising on social media could curb influencer promotion of tokens in Spain.
Source: CriptoNoticias