Football star Andres Iniesta was warned by Spanish regulators after promoting Binance

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Football star Andres Iniesta, who plays for Japan's Kobe Victory Ship, received a warning from spanish market regulators after promoting trading on cryptocurrency exchange Binance.

Iniesta, who has spent most of his career at FC Barcelona and has more than 25 million followers on Twitter, writes that he is "learning how to get started with cryptocurrencies through @binance #BinanceForAll."

Estoi aprendiendo Como empezar CON Ras criptomonedas CON @BinanceES #BinanceForAll I'm learning how to get started with encryption with @binance #BinanceForAll pic.twitter.com/3Km58KrnPG — Andres Iniesta (@andresiniesta8), November 24, 2021

Spanish market regulator The National Securities Market Commission (CNMV) replied to the tweet, stating that "crypto assets are unregulated products with some significant risks." ”

According to Reuters, there is no indication that Iniesta was paid for publishing news about Binance. Barcelona's former teammates are known to share their passion for crypto projects.

As of now, Iniesta has not responded to requests for comment through the club's press office.

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