Assembly member from London wanting to ban crypto ads in buses and trains
A current member of the London General Assembly and co-founder (former) of the Green Party of England and Wales, Sian Berry is right now looking for ways to prevent crypto advertisements from the local transport services.
According to her latest tweet published on Sunday, she would endorse the mayor of London, Sadiq Khan, to ban all the crypto-related advertisements broadcasted in the local transport network. The assembly member initiated her call to action after a token project named ‘Floki INU’ announced that it would take over all the advertisement sections of the local transport system, especially trains and buses.
Berry, in an interview with The Guardian, said when the advertisement states that the token is unregulated and people can lose their money, it is unethical for them to broadcast those advertisements and that too sticking the poster everywhere in public transport. The United Kingdom itself is the home to several crypto and blockchain companies and related projects, so it is not new for the capital to see such posters. Last year during the launch of Binance UK, the capital was blanketed by Binance with advertisements.
Although many of these campaigns or projects have gone forward without facing any difficulties, Berry is concerned by the ‘Pump and Dump scheme’ where investors can lose all their money.