Music ads that attack coins in the UK speaks

Kinbase Set the business communities when American Crypto firm dropped a musical advertisement, the UK created economic problems and sustainable life crises.

From LinkedIn to Reddit online communities “everything is well” through two minutes of the title. The UK saturated the UK strikes, work losses and rocket prices. The two friends that appear in the announcement say that they have a “packaging” and leaving the climate of Dubai.

FINTECH, CRYPTO and Capitalist Risk – Investors in Crypto World – they praised the video and agreed with his under premise, but the advertisement has also distributed the opinion between the winds outside the industry.

“Absolute risk by Michael Jackson”, Michael Jackson commented on LinkedIn, “It’s been sad to see the UK – especially in London – decades.” “

“The bureaucracy of the country is excessive and continues to walk in personal freedoms. The policies are misunderstood. Politicians have no liability.” Is the note.

Helen Yu, Tigon Advisor Corp’s Corp’s Director, for example, is one of the main styles of Tign. When he reminded him of the advertisements “when the regulatory obstacles seem to disrive. Sometimes the most creative ideas find their home where the rules are not homes.

Other reactions were more cynical, saying that the announcement was pure self-promotion and painted a misleading photo of the United Kingdom

The opening shot flows through a ceiling, we have no problem, we have no problem, we have no reason in Britain, when we rain in the chaotic prices and chaotic prices in the chaotic rat and the supermarket.

A shot shows a trader to buy prices at € 100 ($ 132). Nota Bene, a typical package of six frozen fingers costs the National Tesco supermarket than £ 3.

The ad said: “If all was well changed. But the financial system so many people in the UK don’t work,” it must be updated “, adding the company’s mission” to create open financial system for the world “.

Lucy Gazmararian, creative partners and managers in the capital Bay capital, CNBC said Monday, showed the discussion caused by ads “Crypto has its torque.”

“Everyone is catching and now is going to take crypto and help and say the critical look at the existing financial infrastructure,” Where can we change what we don’t see? “So it’s very welcome, it should happen a few years ago,” said “Squawk Box Europe” in a conversation.

The UK was behind many other countries told how cryptocaries and related infrastructure were understood, such as locking technology, domestic financial systems.

“Each jurisdiction should look very good … It must make changes if they are not left behind now. He is on the verge of making the whole financial system again.” He said.

“Ah, yes. The inflation solution, stopping wages, halting the infrastructure and eliminating well-being system … Crytacurrism,” a user wrote Reddit’s “Askbitak” threadOthers described as “children” and “arrogant”.

Many questioned how they showed ads to Consume what the corner, a Crypto investment platform, actually said.

Satirical ad is very viewed that the UK government criticism is tough. The Labor Administration Critics have previously accused Prime Minister Keir Starmer does not do enough, for example, to solve problems Poor growth, investment of debt and embarrassing business.

Crypto companies like Coinbase have historically been an ax for grinding western governments, incorporating cryptocation and being slow to modernize policies and regulation.

CNBC has contacted the UK government and to further comment.

Government critics quickly jumped through the weekend, with Nigel Farage, the head of the UK party, XK “coins are also great Britain”.

George Osborne is a conservative and former UK, about the Coinbase Council. He warned in a piece of opinion on Monday “Britain lost the first Crypto Wave. We can’t lose in the second.”

There are reviews of opinion over the wider economic view of the UK – The annual rate of domestic inflation rose to 3.6% in JuneBut it is expected to moderate throughout the year, according to the Bank of England, Interest rates from 4.25% to 4% at the next meeting in August.

The United Kingdom is expected to increase by 1.3% in 2025, according to the OECD, a trade agreement and accidents with a 10% rates with the USA has also had fears of economy.

Coinbase CEO Brian Armstrong X noted on Monday The company said he had “quite reaction to the reaction, but the video was not aimed at the working-targeted government, specifically.

“You need to update the system and improve society about both parties in the UK (some have also tried in the US).

Also, the previous announcement of the Firm published on YouTube last Thursday, “The television networks banned in the UK”. CNBC couldn’t check that.

Coinbase has had previous run with the agency of the UK advertising standards, however, 2021 Ads is considered deceptive for consumers and not to properly highlight the risks associated with such investments.

On Monday Armstrong said that the company welcomed “attacks and any other attempt to censoring this message,”.

In April, the UK Boss Keith Grose from Coinbase told CNBC Britain needed a “intelligent” regulation or jeopardized the loss of the earth against the US and Asian FinTech and Crypto Hub.

He and other crypts have argued that the national regulator takes a stringent approach to registration of new companies and the management of the pension funds is too risky, despite the bastion of innovation in Britain in the industry.

Kinbase Shares fell on last Thursday The company’s second quarter of income was shy estimates of analysts. Cryptocurrency Exchange’s subscription revenue failed to compensate the weakest negotiation volumes in the quarter, showing profits.

The quarter ended on June 30, CoinBase’s net income rose to $ 1.43 million, or $ 5.14 per share, 36.13 million dollars or 14 cents per fee, a year ago.

– CNBC Tanaya Macheel and Ryan Browne reported this story.