Advertising Standards Authority, a UK body responsible for advertising standards in Britain, has begun to crack down on crypto ads that are not compliant.

Arsenal was one of many clubs that partnered with a blockchain company earlier this year.A fan token is launched by Chiliz. The club posted its fan token AFC, on the official Facebook page (NASDAQ:), this was banned by the ASA for allegedly breaking its advertising guidelines. According to the agency, the post didn’t highlight the risk involved with the investment.