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French senate advances legislation allowing social media influencers to advertise cryptocurrency

0xMain
May 3, 2023

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The Committee on Economic Affairs in the French Senate has approved an amendment to pending legislation that will permit registered cryptocurrency companies to enlist social media influencers for promotional and advertising purposes. The new wording would enable France’s Financial Markets Authority (AMF) to...

Social influence and FOMO drove crypto investors in 2022

0xMain
May 1, 2023

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According to a recent survey by the US Financial Industry Regulatory Authority (FINRA), new investors in the crypto market were more likely to be influenced by their friends’ suggestions than those venturing into the equities or bond markets. The survey found that 31%...

James Bromley says social media had impact on courtroom

0xMain
January 20, 2023

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An attorney defending the debtors in the FTX bankruptcy case has lashed out against social media and said it was spreading information from FTX’s former chief executive officer, Sam Bankman-Fried. James Bromley stated that the debtors would be subject to “further assaults on...