The Morning After: Spain sets rules (and fines) for cryptocurrency promotion
Governments are paying more attention to the rise and rise of cryptocurrencies – and their tax implications – whether it’s the major players like Bitcoin and Ethereum or newcomers looking to pick up users, investors and headlines.
In Spain, influencers and other advertisers with more than 100,000 followers will soon have to notify the National Securities Market Commission (CNMV) at least 10 days before plugging crypto assets. They’ll face fines of up to €300,000 (around $342,000) for breaching the rules.
And it’s already happening. Some influencers who have plugged crypto-assets and related products have found themselves in hot water. In July 2021, French authorities fined a reality TV star €20,000 ($22,800) for “misleading commercial practices” over a Bitcoin trading site ad on Snapchat. More recently, Kim Kardashian and Floyd Mayweather were named defendants in a class-action lawsuit that accuses them of taking part in a “pump and dump” scheme earlier this month.
— Mat Smith
Apple may have dropped built-in noise cancellation on the iPhone 13
It’s been a long-running accessibility feature on past iPhones.
Apple’s Noise Cancellation accessibility feature has been a staple on past iPhones but may have been permanently removed from the iPhone 13 series. The feature “reduces ambient noise …read more
