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.Launch a Fan Token for Chiliz. This club had promoted AFC’s fan token on their official Facebook page (NASDAQ.) which was removed by the ASA due to alleged violations of its advertising policies. Agency stated that it did not emphasize the potential risks associated with investment.