John Lister's picture

Emojis Can Be Financial Advice, Says Judge

A bizarre court ruling means that emojis can legally count as financial advice. It's a side effect of the latest case involving regulation of digital assets. The case centers on non fungible tokens, also known as NFTs. In short, an NFT is something ... that only exists digitally, can be bought and sold, and the ownership of which is recorded on a public ledger called a blockchain - similar to how bitcoin operates. In this case, the NFTs were a limited edition collection of digital clips of famous basketball moments. The effect was much the same as owning a rare trading basketball card except ... (view more)

Dennis Faas's picture

FTC Cracks Down on Facebook, Twitter Ads

The Federal Trade Commission (FTC) has revised its rules about online advertising to better account for new trends in social media. The FTC warns that the short format of ads on Facebook and Twitter is no excuse for misleading customers. The warning ... comes in a document called ".Com Disclosures: How to Make Effective Disclosures in Digital Advertising." It's an update to an original set of guidelines called "Dot Com Disclosures," which was published in 2000. This is the first time the rules have been updated, even though the Internet has changed dramatically since that time. The key to the ... (view more)

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