Bitcoin

The UK's Digital Markets, Competition and Consumers Bill (2024) shows regulators are weaponizing social impact concerns to justify tech oversight. While targeting Meta now, this precedent could rapidly extend to crypto platforms under 'consumer protection' frameworks, especially for volatile asset promotions. It signals a shift from purely financial regulations to emotional/social harm arguments that may bypass traditional cost-benefit analyses in rulemaking.

Scottish Labour MP Michelle Welsh criticizes Meta's targeted baby product ads as distressing for bereaved families, comparing them to placing a cot in their front room.