It's interesting that the UK has banned gambling ads online, but not on TV. Combined with the fact that they regulate cryptocurrencies as gambling, that's why you get no UK crypto ads online. For example, the PayPal UK front page doesn't even mention that you can buy crypto there.
Maybe this is blurring the line between online and TV, but TV streaming services definitely have gambling ads. A gambling ad literally just came on the Channel 4 player in front of me as I started typing this.
wait if crypto is gambling, then they don't tax the proceeds, right? but I'm pretty sure they tax it as capital gains..... so it's gambling for advertising purposes but capital investment for tax purposes...