Arsenal football club in dispute with ASA over 'irresponsible' crypto ad

Arsenal football club in dispute with ASA over 'irresponsible' crypto ad

Following the ASA's decision, Arsenal announced that it would appeal against it and stated that it had provided further information regarding financial risks. 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, which the ASA has banned for allegedly violating its....


Related News

Major Dutch Football Club PSV Hodls Bitcoin — Sponsorship to Be Paid Entirely...

Major Dutch football club PSV has signed a partnership deal with a crypto exchange and its sponsorship will be paid entirely in bitcoin. “PSV is the first club in the EU to receive the sponsorship amount in crypto,” said the football club. PSV Professional Football Club Will ‘Hodl’ Bitcoin Major Dutch football club PSV, also known as PSV Eindhoven, announced Tuesday that it will hodl bitcoin with the help of crypto exchange Anycoin Direct. The professional sports club from Eindhoven, Netherlands, plays in the Eredivisie, the top tier in Dutch football. “PSV....

Dutch Professional Football Club AZ ‘Confident’ About Bitcoin’s Future, Keeps...

Dutch professional football club AZ has formed an exclusive partnership with a regulated cryptocurrency exchange platform, Bitcoin Meester. Part of the sponsorship amount is paid in bitcoin and AZ will leave the cryptocurrency on its balance sheet during the collaboration. The club says it is the first Dutch club to do so. Professional football club AZ Alkmaar (also known as just AZ) and Bitcoin Meester independently announced Thursday their official and “exclusive partnership.” The two companies have entered into a three-year agreement and will be linked at least until 2024.....

PSV Eindhoven soccer club to accept new sponsorship deal in Bitcoin

Anycoin Direct is now an official partner of PSV for the next two seasons, helping grow awareness of crypto across Europe. The football ecosystem has stepped up its adoption game as more clubs continue to involve crypto in mainstream operations. Netherland-based top tier football club PSV Eindhoven has partnered with a local crypto trading platform, Anycoin Direct, which will pay the club an undisclosed amount of Bitcoin (BTC) in a new sponsorship deal. According to the official statement, Anycoin Direct will remain an official partner of PSV for the next two seasons, with the goal of....

English Football Club Signs Sponsorship Deal That Includes Option of Being Pa...

Southampton Football Club, a soccer team currently ranked 13th in England’s Premier League, recently signed a new sponsorship deal that includes an option for the club to be paid certain performance-based bonuses in bitcoin. The deal also extends the club’s partnership with the Coingaming Group as Main Club Partner for a further three years. Also, as part of the new agreement, Coingaming Group’s brand, Sportsbet.io will continue as the club’s front-of-shirt sponsor. In a statement issued on April 8, the club explains the rationale behind the decision to include....

Real Bedford Football Club To Secure Its Bitcoin With Casa

The first football club to operate on a Bitcoin standard will leverage Casa’s security services to self-custody its BTC.