The Advertising Standards Authority (ASA), a UK watchdog, has announced a massive crackdown on misleading cryptocurrency ads. According to the ASA, most crypto marketing are deceptive and lack any warnings that individuals may be ignorant of. The Financial Conduct Authority (FCA) issued announcements to protect the general public from being duped by false cryptocurrency advertisements. Without a disclaimer, the ad encourages individuals to acquire the extremely pricey Bitcoin without informing them of the currency's unpredictable nature.