Instagram, YouTube, TikTok, Twitter target of EU crypto advertising complaint

Meta Platforms' Instagram, Alphabet's YouTube, TikTok and Twitter could face regulatory action after European consumer group BEUC complained to the European Commission and consumer authorities that the online platforms allegedly facilitate the misleading promotion of crypto assets. U.S. regulators suing crypto platforms Coinbase and Binance, along with last year's collapse of FTX, have sparked concerns over consumer protection related to crypto assets such as bitcoin and ether. The European Un

• 2023-06-08
• European Commission TikTok Twitter YouTube crypto assets BEUC social media platforms European Union misleading advertisements Consumer Protection Cooperation Network Instagram

Meta plans to wind down NFT initiatives on Facebook, Instagram to focus on other services

Meta Platforms, the parent company of Facebook and Instagram, will wind down its non-fungible token operations on both social media services.

• 2023-03-14
• Stephane Kasriel Meta Platforms NFTs Instagram

Meta is killing NFT support on Facebook and Instagram

Meta is “winding down” its support for NFTs on Facebook and Instagram less than a year after its push to adopt “digital collectibles” across its platform.

• 2023-03-14
• Mark Zuckerberg Instagram Stephane Kasriel Meta NFTs