Spanish authorities warn Andres Iniesta about marketing for Binance

The Spanish economic regulator has issued a warning about cryptocurrencies underneath Andres Iniesta’s promotional submit for Binance.

Spanish authorities warn Andres Iniesta about marketing for Binance

On November 24, the crypto local community was amazed when former Barcelona midfielder Andres Iniesta’s Twitter and Instagram accounts posted articles or blog posts marketing cryptocurrency exchange Binance.

As a end result, “Saint Ini” shared an picture of him appearing with a laptop exhibiting the Binance web site, as very well as working with his mobile phone to navigate the cryptocurrency exchange marketplace of the world’s greatest cryptocurrency exchange. This is probable a paid promotional submit from Binance Spain.

The Twitter submit acquired six,700 likes and 883 remarks, whilst Instagram has 282,000 hearts and remarks at the time of creating.

The articles of the message shared by Andres Iniesta is:

“I’m learning how to start trading cryptocurrencies with Binance.”

However, suitable in Iniesta’s Twitter submit, the Twitter account believed to come from Spain’s National Securities Market Commission (CNMV) issued a warning, citing a February 2021 company statement. This cryptocurrency evaluate.

“Hi Iniesta, cryptocurrencies are really risky as they are unlicensed economic solutions. Investors need to comprehend cryptocurrencies and the dangers concerned just before producing an investment or supplying economic information. “

Binance has not long ago created quite a few moves to make improvements to relations with international economic authorities following the initially half of 2021 was entangled in many legal turmoil. Binance CEO Changpeng Zhao final week confirmed that the exchange is about to announce its headquarters to make it simpler to handle.

Prior to that, Binance Spain also had a promotional submit on the account of a further former Barça player, Luis Suarez, and it also acquired good recognition on social networks.

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