Arsenal fan token ads banned by regulator
The UK authorities believe that it violates the country's legislation
23.12.2021 - 08:25
751
1 min
0
What’s new? The Evening Standard reports that all Arsenal Football Club's advertising campaigns related to the promotion of the fan token have been banned in the UK.
What is the reason for the ban? According to the UK Advertising Standards Authority (ASA) representatives, the club has misled viewers and used their inexperience. The ads, featuring the top players, presented investments in cryptocurrencies as a simple and easy action. That said, the regulator believes that the users were not sufficiently aware of the possible risks.
The ASA pointed out that under UK law, the club's fan token represents cryptocurrency. That is, the advertisement should have included information “that capital gains tax could be payable on profits from investing.” The club representatives said they will comply with the regulator's decision.
Useful material?
Telegram 
Twitter Incidents
Developers warned of potential risks to bridges across the ecosystem and asked exchanges for assistance.
Jun 22, 2026
Incidents
The defendant helped move funds stolen through investment scams and earned at least $4 million for his role in the operation.
Jun 10, 2026
Incidents
The company is linking the incident to a compromised private key on a service wallet, rather than a smart contract exploit
May 22, 2026
Incidents
Following the incident, the project temporarily halted trading operations and node activity.
May 15, 2026
Incidents
The user spent weeks unsuccessfully trying to guess the password until Claude helped find an old wallet backup file
May 14, 2026
Crypto regulations
Authorities are introducing mandatory registration for companies handling cross-border crypto transactions
May 8, 2026
Cryptocurrency rates
-
Bitcoin
$65 753
BTC
-0.5%
-
Ethereum
$2 551.16
ETH
+3.56%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.13
XRP
-0.33%
-
TRON
$0.160134
TRX
-1.59%
-
Dogecoin
$0.07215
DOGE
-1.32%
-
Zcash
$514.09
ZEC
-6.47%
-
Stellar XLM
$0.188163
XLM
-1.64%
-
Cardano
$0.170696
ADA
-2.66%
-
Polkadot
$3.32
DOT
+5.27%