Arsenal adverts for cryptocurrency ‘fan tokens’ banned - News Summed Up

Arsenal adverts for cryptocurrency ‘fan tokens’ banned


The UK’s advertising regulator has banned two promotions for “fan tokens” from Arsenal Football Club, saying they were misleading supporters over the risks of investing in cryptocurrencies. Arsenal said it would seek an independent review of the ruling “to seek greater clarity on the ASA’s current position”. The Arsenal ad ban was one of a number published by the regulator on Wednesday, including bans on advertisements by BT, the cider brand Kopparberg, and the online retailer THG. THG, the online retailer of consumer products like makeup and protein shakes, made “misleading claims over potential discounts for hair products” on its Lookfantastic website. Complaints against two adverts – by the clothing retailer Jigsaw and construction machinery retailer JMAC – were upheld for objectifying women.


Source: The Guardian December 23, 2021 02:46 UTC



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