Belgian Regulators Introduce New Crypto Ad Rules
Belgian regulator, Financial Services and Markets Authority has announced new laws requiring accurate crypto ads and warning investors of the risks involved. As a result of a study accusing cryptocurrency investors of participating in get-rich-quick schemes, the Financial Services and Market Authority (FSMA) will demand notification on all key commercial crypto campaigns. Participants must abide […]
Florida Governor Ron DeSantis Calls For Ban On CBDCs
Ron DeSantis, has recently voiced his apprehension regarding the potential adverse effects of CBDCs on the state’s financial landscape. He has pushed for the implementation of regulations to stop the spread of these digital assets within Florida. DeSantis, a fervent advocate for individual freedom and privacy, claims that CBDCs may jeopardize the general populace’s ability […]
UBS Group AG Offers To Rescue Credit Suisse
UBS Group AG, a cryptocurrency-friendly bank, is apparently trying to buy Credit Suisse, a major investment bank, for up to $1 billion. The UBS offer follows BlackRock’s March 19 rejection of claims to a plan to save Credit Suisse. The price offered by UBS is SFr0.25, which is much less than the SFr1.86 closing price […]
SVB UK arm hands out £15m in bonuses days after £1 rescue
SVB UK has handed out millions of pounds in employee bonuses just days after it was rescued by global banking giant HSBC for just 1 British pound. Payouts to SVB UK employees and senior executives were approved “earlier this week,” according to a March 18 report citing unnamed sources. HSBC UK Bank, the organization that […]
Nike NFT Air Force 1 will be made available for purchase in stores
NFT Nike Air Force 1 sneakers are to be released in physical form and will even be available for purchase, the studio’s official Twitter announced. The NFT Nike Air Force 1 sneakers, developed in association with the digital design studio RTFKT, will be made available for physical release and even for purchase, according to the […]