Browsing yearly archive

2023

Lionel Messi Becomes Sorare’s Brand Ambassador and Investor

Lionel Messi, a football star who has bagged seven Ballon d’Or Awards, has joined hands with Sorare to be its brand ambassador and investor. Sorare is an Ethereum-based fantasy soccer game platform that leverages non-fungible tokens (NFTs). Therefore, Messi will be instrumental in how fans connect with players and clubs. Nicolas Julia, the co-founder and […]

NFT concludes F1 season with Red Bull Racing

The NFT team of Red Bull Racing is now in the driver’s seat for the last race of the season. Red Bull Racing will continue the trend of cryptocurrency and blockchain technology companies playing a significant role in Formula 1 by imprinting a nonfungible token (NFT) on the team’s vehicles during the last race of […]

COQ, SHIBX, HUSKY Gain as Avalanche Foundation Says It Will Purchase Meme Coins

“The Avalanche Foundation intends to start using Culture Catalyst to recognize and encourage the culture and fun symbolized by meme coins by purchasing select Avalanche-based meme coins to create a collection,” it said. “This move complements the Avalanche Foundation’s ongoing engagement across the Avalanche ecosystem, including NFTs, RWAs, and other types of cryptoassets, broadening its […]

UK Finance Minister proposes a sandbox initiative for crypto regulations

UK Chancellor Jeremy Hunt has revealed plans for a cryptocurrency legislative initiative. The government aims to pass legislation to officially establish the Digital Securities Sandbox (DSS). The DSS will provide a controlled testing environment for crypto technologies and services. In a move aimed at bolstering the digital asset sector, UK Chancellor of the Exchequer Jeremy […]

UK funds get green light for tokenisation development

UK authorised funds can now develop and implement tokenisation models. The green light comes after the Technology Working Group of the Government’s Asset Management Taskforce published its report on UK fund tokenisation. The HM Treasury and the Financial Conduct Authority (FCA) collaborated on the initiative. UK investment funds have the approval to develop tokenisation, with […]

Alchemy Pay expands crypto payment options in Europe and the UK

Alchemy Pay has integrated Euro Instant solution, SEPA Instant, and Faster Payments SEPA Instant enables European users to buy up to 5,000 euros in cryptocurrency. Faster Payments in the UK accommodates transfers of up to 5,000 British pounds. Cryptocurrency payment platform Alchemy Pay has bolstered its payment infrastructure, introducing new deposit options across Europe and […]

Crypto.com granted UK E-Money License by FCA

Crypto.com achieves FCA approval. The license empowers crypto.com to introduce UK-localized e-money products. The series of approvals underscores the exchange’s responsible innovation in the rapidly evolving cryptocurrency market. Singapore-based cryptocurrency exchange, Crypto.com, has achieved a significant milestone by securing an Electronic Money Institution (EMI) license from the UK’s Financial Conduct Authority (FCA). This move allows […]

UK to involve players on crypto legislation as Pullix presale nears $1M

Paving the way for digital securities legislation, the UK partners with finance and tech sectors. Pullix, a hybrid exchange, introduces PLX token, “Trade-to-Earn” concept, and a diverse ecosystem. Pullix’s ecosystem includes off-chain order book, lending protocol, and VaultX. In a significant move toward embracing the burgeoning crypto landscape, the UK government has announced plans to […]

Cryptocurrency Ownership Reaches 49 Million in the U.S

Top 10 countries like the UAE, Vietnam, and Saudi Arabia showcase mainstream cryptocurrency adoption. The U.S. boasts 49 million active cryptocurrency owners. With a 10.30% ownership rate, Ukraine emerges as a crypto hub. In a world brimming with a myriad of cryptocurrencies, each vying for attention and market dominance, the global landscape of digital assets […]