Tales from the Crypto: Will digital assets save sport sponsorship or prove a horror story? March 21, 2022 When you think of US cable TV giant HBO, blockbuster drama series like Game of Thrones, The Sopranos and The Wire immediately spring to mind. One of the first major triumphs for the network, though, was Tales from the Crypt, a horror anthology inspired by a cult 1950 comic book series. The series was successful [...]
US vows to target crypto exchanges that allow sanctioned oligarchs to use their services March 12, 2022 The US has said it plans to target cryptocurrency exchanges that help sanctioned oligarchs move dirty money. The US Department of Justice’s (DoJ’s) KleptoCapture taskforce, which was set up this month to enforce sanctions on Russian oligarchs, is set to prosecute banks and cryptocurrency exchanges that fail to prevent sanctioned individuals from using their services. [...]
FCA orders crypto ATM operators in UK to shut down all machines now or face punishment March 11, 2022 The Financial Conduct Authority has told the operators of all 81 Bitcoin ATMs in the UK to shut the machines down immediately, or face enforcement action.
Rich Brit kids: Number of UK millennial millionaires doubles as crypto, startups and meme stocks power fortunes March 6, 2022 The number of UK millennial and Generation Z millionaires has hit a record high, doubling to 2,000 in the most recent year from 1,000 the previous year, according to new researched shared exclusively with City A.M. this morning. The data also shows a 28 per cent increase in millennial and Gen Z taxpayers declaring income [...]
Billboard teams up with Universal Music to create NFT digital collectibles March 2, 2022 Music big names Billboard and Universal Music Group have teamed up to launch ChartStars, a non-fungible token (NFT) based project of curated digital collectibles that will leverage the environmentally friendly Flow Blockchain. The launch of ChartStars marks Billboard’s first scalable NFT product geared toward music fans. It will be a collection of artist-focused digital artwork that commemorates achievements and milestones [...]
UK government seeking to give courts new powers to track down crypto assets February 25, 2022 The UK government is drawing up new rules to tackle crypto fraud, with a view to making it easier for courts to trace crypto assets. Speaking at a legal conference yesterday, Sir Geoffrey Vos, one of Britain’s most senior judges, said a sub-committee of the body that writes the rules for civil courts, is seeking [...]
All aboard the crypto train? February 22, 2022 | City Talk Are you a wealth manager who believes bitcoin and other cryptocurrencies are a passing fad or worse? You’re not alone. But you also may want to reconsider. The wealthiest clients certainly don’t agree and they are voting with their wallets. In fact, 72% of high-net-worth individuals (HNWIs) have invested in crypto, according to the 2021 [...]
UK’s top crypto chief calls out City watchdog for curbing innovation February 13, 2022 The City watchdog has come under fire from the chief of Britain’s biggest cryptocurrency firm after he suggested that the UK is falling behind its EU cousins. Peter Smith, the chief exec of Blockchain.com, told The Telegraph that the Financial Conduct Authority (FCA) had taken a “risk-management first approach” that came “at the expense of [...]
Uber CEO: We are absolutely going to accept cryptocurrency payments February 12, 2022 Uber boss Dara Khosrowshahi has revealed the global brand is actively looking at cryptocurrency transactions.
Manchester United sign blockchain platform Tezos as training kit sponsor February 10, 2022 Manchester United have confirmed a training kit sponsorship deal with blockchain platform Tezos. The multi-year agreement is believed to be worth more than £20m a season, representing an increase on their previous contract with insurer Aon. It will Tezos appear on the training kit worn by both United’s men’s and women’s team, starting immediately. “This [...]