The Advertising Standards Authority (ASA), a body that oversees advertising in the United Kingdom, is cracking down on non-compliant crypto advertisements. Earlier this year, Arsenal became one of the many football clubs to collaborate with blockchain firm Chilliz and launch a fan token. On August 12 this year, the club promoted its fan token AFC on its official Facebook page, … [Read more...] about Arsenal football club in dispute with ASA over ‘irresponsible’ crypto ad
Arsenal
Arsenal FC Fan Token Ads Criticized by UK Regulator
Arsenal said the tokens differed from cryptocurrencies, which are a means of payment, as they were designed for entertainment and to encourage fan participation. The tokens could not, at the time the ads appeared, be traded on the Socios app. The club also denied that the ads were for cryptocurrency investments. Source link … [Read more...] about Arsenal FC Fan Token Ads Criticized by UK Regulator