{"id":45863,"date":"2021-07-10T17:07:12","date_gmt":"2021-07-10T14:07:12","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=45863"},"modified":"2025-09-01T13:26:34","modified_gmt":"2025-09-01T10:26:34","slug":"media-tiktok-begins-crackdown-on-paid-cryptocurrency-advertising","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/media-tiktok-begins-crackdown-on-paid-cryptocurrency-advertising\/","title":{"rendered":"Media: TikTok begins crackdown on paid cryptocurrency advertising"},"content":{"rendered":"<p>The social network TikTok has banned the promotion of digital assets and begun a crackdown on bloggers promoting cryptocurrencies. The Daily Mail reports this.<\/p>\n<p>According to the publication, the measure aims to curb the growth of popularity of unreliable high-risk investments and fraud. Advertising for loans and credit cards, instalments and trading platforms has also been banned.<\/p>\n<p>TikTok&#8217;s advertising policy allows promoting services of financial companies among audiences aged 18 and over. According to Decrypt, the new ban applies only to paid advertising campaigns.<\/p>\n<p>In the summer of 2020, the price of Dogecoin surged by more than 100% amid viral videos on TikTok.<\/p>\n<p>In 2021, user Adin Shachtel predicted that meme cryptocurrency would rise to $3,000 &#8220;in less than a few months,&#8221; but the price did not reach even $1.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">This analyst predicts Dogecoin will equal Ethereum in price in less than a few months! h\/t <a href=\"https:\/\/twitter.com\/CryptoWendyO?ref_src=twsrc%5Etfw\">@CryptoWendyO<\/a> <a href=\"https:\/\/t.co\/AaXHAyDJKP\">pic.twitter.com\/AaXHAyDJKP<\/a><\/p>\n<p>\u2014 TikTok Investors (@TikTokInvestors) <a href=\"https:\/\/twitter.com\/TikTokInvestors\/status\/1389670542215680001?ref_src=twsrc%5Etfw\">May 4, 2021<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>TikTok astrologer Maren Altman used horoscopes to forecast changes in cryptocurrency prices. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">happy monday here\u2019s a bitcoin astro update xo <a href=\"https:\/\/t.co\/LQjII33zk5\">pic.twitter.com\/LQjII33zk5<\/a><\/p>\n<p>\u2014 \u2694\ufe0f MAREN \u2694\ufe0f (@marenaltman) <a href=\"https:\/\/twitter.com\/marenaltman\/status\/1351218149446791168?ref_src=twsrc%5Etfw\">January 18, 2021<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In May 2021, a TikTok user jokingly <a href=\"https:\/\/u1f987.com\/en\/news\/tiktok-creator-launches-scam-coin-market-cap-surges-to-70-million-within-an-hour\">created the SCAM<\/a> coin. Its market capitalization surged to $70 million in an hour.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news on our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The social network TikTok has banned the promotion of digital assets and begun cracking down on bloggers promoting cryptocurrencies.<\/p>\n","protected":false},"author":1,"featured_media":45864,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"TikTok cracks down on paid crypto promotions.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1412,1269,1589],"class_list":["post-45863","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bans-and-restrictions","tag-cryptocurrencies","tag-tiktok"],"aioseo_notices":[],"amp_enabled":true,"views":"25","promo_type":"1","layout_type":"1","short_excerpt":"TikTok cracks down on paid crypto promotions.","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/45863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=45863"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/45863\/revisions"}],"predecessor-version":[{"id":45865,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/45863\/revisions\/45865"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/45864"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=45863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=45863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=45863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}