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Meta Faces UK Regulatory Heat Over Illegal Gambling Ads

Meta Faces UK Regulatory Heat Over Illegal Gambling Ads

Author:

Global Cryptocurrency

Published:

2026-01-19 22:25:01

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BTCCSquare news:

Meta Platforms, Inc. shares dipped marginally to $620.25 as UK regulators escalated criticism of the company's handling of illicit gambling advertisements. The Gambling Commission's Tim Miller publicly condemned Meta's failure to block unlicensed operators from targeting British users through Facebook and Instagram ads.

Regulators discovered multiple violations in Meta's ad library, where offshore gambling firms circumvented the platform's own licensing requirements. This enforcement action adds to mounting global scrutiny of Big Tech's content moderation practices, particularly around financial services and gambling sectors.

While the news carries negative implications for Meta's regulatory standing, cryptocurrency markets remain unaffected. No direct impact was observed across major digital assets including BTC, ETH, or SOL during the trading session.

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