NFL vs. NFT, investment flows in cryptocurrencies and other news »loading =» auto »width =» »class =» content- img »/> Source: Adobe / Melinda Nagy

Get your daily digest of crypto and blockchain related news, analyzing the stories that go unnoticed in today’s crypto news .____

NFT News

  • United States National Football League (NFL) told teams that they cannot sell endorsements to cryptocurrency trading companies, for now, Athletic reported. Teams are also unable to sell non-fungible tokens (NFTs) as the league develops a strategy for digital sports art and trading cards.
  • Cryptocurrency exchange FTX launched a minting platform for NFT in its US version, exchange founder and CEO Sam Bankman-Fried tweeted, adding that the NFTs will be chained to Solana (SOL) AND Ethereum (ETH).

Investment news

  • Digital asset investment products posted entries totaling $ 98 million last week, by CoinShares. Entries were seen in all digital assets, although altcoins, on a weighted basis of assets under management, are still a favorite with investors, they said, adding that the market share of altcoins is now a record 35%. of investment products.

png »width =» 640 ″ /> MTD: from the beginning of the month; YTD – since the beginning of the year; AUM – assets under management. Source: CoinShares

  • OP Crypto Capital Management Ltd, a new venture capital cryptocurrency firm backed by Huobi Enterprises, Digital Galaxy’s Vision Hill FoF Platform, Digital Currency Group, Mirana Ventures (Bybit), and Brooker Group, announced its launch. “ company will focus on closing the gap between [Centralized finance], DeFi and Metaverse by investing in projects that seek to shape the future of corporate governance and transfer power from centralized entities in the Web 2.0 world to content creators / users in the next Web 3.0 world, “said the company.
  • Korean investment firm KB Asset Management launched a blockchain-focused mutual fund called the “KB Global Digital Chain Economy” fund, according to the Korea Times. fund will focus on three investment areas: companies that produce blockchain-related hardware, those that provide blockchain-based services to clients, and those that actively use blockchain in their current business caral.

Read also Crypto companies raise a record $ 6.5 billion in the third quarter of 2021

Exchange news

  • Binance has announced it removed all Singapore dollar (SGD) trading pairs in an effort to continue to comply with local regulations. y also removed their commercial app from the Google and iOS Play Stores in the area and closed all online communication channels in Singapore.
  • Australian bank Voltio partnered with cryptocurrency exchange BTC Markets to provide integrated banking capabilities to the exchange, according to Reuters. deal will provide BTCM, which has roughly 325,000 Australian clients, access to a corporate cash management account with real-time notifications and payment automation, the companies said.
  • South Korean cryptocurrency exchange Gopax announced the development of a new ‘cryptocurrency monitoring and market alert system’ to provide health checks on individual listed tokens. For EBN, the system will allow the exchange to provide health checks in six categories, namely: compliance, development continuity, development progress, user protection protocols, potential ethical “risks” and financial stability. timing of development is somewhat unusual, with most South Korean exchanges, including Gopax, currently racing against time in a bid to obtain operating permits from regulators and avoid closure.
  • In fact, South Korea’s Financial Services Fee (FSC) legislation has moved to address precisely this problem by creating new guidelines and protocols for exchanges that will close or suspend their business operations on September 24, the deadline for the submission of applications. For Daily, FSC told trading platforms to “prepare user support procedures” and notify customers that they will close their services at least seven days in advance. FSC added that platforms should allow their clients to withdraw fiat money and tokens for a minimum of 30 days after closing, noting that “clients must be notified about business closings and transaction suspensions before September 17”.
  • of Spain Bit2Me Exchange began its expansion in Latin America, with a focus on Colombia, Uruguay, Panama, Costa Rica and Ecuador, El Español reported. company said that Latin America was “possibly one of the areas with the greatest potential for expansion and adoption in the world,” and one executive said banks were training staff on crypto matters “behind closed doors.”
  • Bitfinex Securities Ltd. She said it launched its regulated investment exchange, Bitfinex Securities, in Astana International Financial Center (AIFC), Kazakhstan.

Leer also launches Bitcoin tipping service for iOS

Regulatory news

  • UK President Financial Conduct Authority (FCA) Charles Randell Ella said in a speech at the Cambridge International Symposium on Economic Crime that cryptocurrency companies issuing digital tokens must be ‘firmly within our grasp’. However, he also suggested that increased regulatory oversight could be detrimental, creating a “halo effect”, creating unrealistic expectations regarding consumer protection.

Defi News

  • decentralized finance (DeFi) project TAPA and its younger brother from loan REGIR close after the development team that served them both abandoned the projects, their community manager Announced, without delving further. remaining treasury funds will be distributed equally among token holders, according to the post.

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