Mark Weaden
Spain has declared new rules for how social media influencers and others can advertise cryptocurrency assets. As of February, the Spanish National Securities Market Commission (CNMV) will require notification at least 10 days before running any campaign for crypto assets.
Cryptocurrency and social media advertising do not have rigid regulations, which is part of the reason for the new requirements from the CNMV. While the rule won’t stop advertising through these mediums, it does require influencers to warn users of the risks.
