FCA: Crypto Firms Have Violated UK Promo Rules 221 Times
Many of the FCA-warned firms appear to be dubious high-yield return schemes, but warnings have also been issued to legitimate businesses. Since their implementation in early October, crypto-promoting businesses have violated the United Kingdom’s new crypto marketing rules at least 221 times, according to the country’s financial regulator. In a statement released on October 25, […]
Mastercard, MoonPay Collaborate to Boost Web3 Marketing
Cryptocurrency payments provider MoonPay announced a new collaboration with Mastercard focused on Web3-based marketing and experiences. With MoonPay, a cryptocurrency and NFTs payment service, Mastercard has teamed to investigate possible integrations and customer loyalty opportunities inside the developing Web3 ecosystem. During the Money20/20 conference in Las Vegas, Mastercard and MoonPay made headlines when they announced […]
Vodafone, Chainlink to Support Global Trade Processes
According to an announcement, Vodafone’s Digital Asset Broker (DAB) has demonstrated blockchain can be used for trade. In partnership with Chainlink Labs and other partners, Vodafone’s Digital Asset Broker (DAB) has presented a proof of concept that addresses the intricacies of the $32 trillion global trade environment. In order to solve inefficiencies in the $32 […]
Ripple Partners with Uphold to Enhance Cross-Border Payments
The blockchain-based digital payment network Ripple announced its collaboration with Uphold in a news statement on October 24. According to reports, the cooperation will give Ripple better crypto liquidity capabilities. In the news release, uphold CEO Simon McLoughlin stated that he is excited to play a significant role in supporting Ripple’s cross-border payment service for […]
FTX in Talks With Three Bidders to Restart Crypto Exchange
Three bidders are back in negotiations with FTX Trading Ltd. to restart the defunct cryptocurrency exchange. Bloomberg reports that a decision on the exchange’s revival will be made by mid-December. Investment banker Kevin M. Cofsky of Perella Weinberg Partners, representing FTX, stated in a Wilmington, Delaware court proceeding that the company is discussing specifics of […]