Calls for more regulatory clampdown on the cryptocurrency platforms

Breakfast Business with Joe Lynam

Presented by Newstalk's Business Editor Joe Lynam, this 30-minute programme focuses on the key business stories from home and abroad, market analysis, new business innovations and profile interviews. Listen and subscribe to Breakfast Business with Joe Lynam on Apple Podcasts and Spotify. Download, listen and subscribe on the Newstalk App. You can also listen to Newstalk live on newstalk.com or on Alexa, by and asking: 'Alexa, play Newstalk'

Calls for more regulatory clampdown on the cryptocurrency platforms

There has been something of a regulatory clampdown on the cryptocurrency platforms of late. Sam Bankman Fried appears in court charged with fraud this week and last week the US watchdog - the SEC - launched a major probe into Binance. But yet the adverts for all types of crypto products keep appearing in social media feeds - and the big platforms appear unable or unwilling to remove adverts that might be for totally bogus investments. Now the consumer advocates in Europe - BEUC - including the CAI here in Ireland have called on the European Commission to do something about it. With more on this Joe was joined on the show by Agustin Reyna Director of Legal and Economic Affairs, from BEUC.

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Calls for more regulatory clampdown on the cryptocurrency platforms