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Tag: deal with crypto

Stablecoins could ‘fundamentally alter’ banking system, says US FDIC chief

Stablecoins could have such a profound effect on the established banking system that U.S. regulators need to require the digital tokens fit in without...

CryptoCom Becomes The Exclusive Cryptocurrency Trading Platform Sponsor of the FIFA World Cup

CryptoCom keeps pushing the gas on its sports marketing campaign, signing a sponsorship deal with FIFA to become the exclusive cryptocurrency exchange sponsor of Qatar 2022.

Binance opens EUR and GBP bank transfers 8 months after losing them

Changpeng Zhao met with UK officials last week. Days later, crypto exchange Binance has renewed banking access for euros and pounds.

The post Binance opens EUR and GBP bank transfers 8 months after losing them appeared first on Protos.

Crypto Sponsorship in Sports Projected to Reach $5 Billion by 2026

New sports sponsorship deals by crypto companies increased by 1,100% between 2019 and 2021.

The post Crypto Sponsorship in Sports Projected to Reach $5 Billion by 2026 appeared first on BitcoinChaser.

Ukraine’s crypto army is both inspiration and cautionary tale

Donations to the Ukrainian government and associated charitable organizations are skyrocketing as the fighting has intensified against invading Russian forces. Cryptocurrencies have figured conspicuously in the effort, billed as a new and welcome resource for the country in a time of crisis. But Ukraine’s journey into the cryptoverse has had its bumps, serving as much […]

JPMorgan: Global Regulation Urgently Needed for Banks to Help Clients Invest in Crypto

JPMorgan: Global Regulatory Framework Urgently Needed for Banks to Help Clients Invest in CryptoA globally consistent crypto regulatory framework is urgently needed to allow banks to handle crypto assets on behalf of large customers, said a JPMorgan executive. “We need a globally consistent regulatory framework. It’s important that we get to a solution as quickly as possible.” Global Regulatory Framework Urgently Needed to Allow Banks to Offer Crypto […]

India’s Central Bank Governor Says Crypto Is Threat To Financial Stability

India’s central bank governor Shaktikanta Das says crypto is a threat to financial stability and reiterated his stance on crypto while confirming the progress towards a digital rupee so let’s read further in today’s latest cryptocurrency news. India’s central bank governor said that private cryptocurrency is a huge threat to macroeconomic stability and financial stability […]

Crypto.com Joins Hands with the AFL

The Australian Football League (AFL) has signed a deal with Crypto.com, one of the largest digital currency exchange firms in the world. Unfortunately, the deal has not made everyone happy. The AFL and Crypto.com Have Formed a Partnership The partnership is set to last a whopping five years, and Crypto.com will be the official crypto...

The post Crypto.com Joins Hands with the AFL appeared first on Live Bitcoin News.

Francis Ngannou to Take Half of His UFC 270 Purse in Bitcoin

Francis Ngannou to Take Half of His UFC 270 Purse in Bitcoin

Mixed martial artist Francis Ngannou will be taking half his purse for UFC 270 in the form of Bitcoin, according to his Twitter post yesterday. In addition to getting paid in BTC, Ngannou is also planning to give away $300,000 worth of the flagship cryptocurrency to his fans via Cash App. I believe bitcoin can empower people everywhere. So I’m excited to partner w/ @CashApp to take half my #UFC270 purse in bitcoin. I want to make bitcoin more accessible to my fans, so I’m giving out $300K in bitcoin! Follow @CashApp + drop your $cashtag w/ #PaidInBitcoin pic.twitter.com/8JEvJ1UYu1 — Francis Ngannou (@francis_ngannou) January 18, 2022 Jack Dorsey’s Cash App has formed similar partnerships with several NFL players, including Los Angeles Rams wide receiver Odell Beckham Jr. and Green Bay Packers quarterback Aaron Rodgers, while allowing them to receive their salary in Bitcoin. Prior to his latest announcement, Ngannou had earlier tweeted that bitcoin is big in Africa: “I’ve been talking with my family and friends in the crypto space. Bitcoin is huge in Africa and I’m thinking of taking half my fight purse in it, Bitcoin is the future and I’m a believer.” Ngannou earned a reported £400,000 for his title win against Stipe Miocic last year, meaning he could earn in six figures worth of bitcoin if he decides to convert his UFC 270 purse. The MMA fighter will take on ‘Bon Gamin’ Ciryl Gane on January 23 at the Honda Center in Anaheim, California, and is set to earn a guaranteed $750,000. Ngannou is not the first professional MMA fighter to receive earnings in Bitcoin. In Dec. 2021, American MMA fighter Kevin Lee said that the Russia-based Eagle Fighting Championship will pay him in Bitcoin. UFC has formed a partnership deal with Crypto.com to become its official cryptocurrency partner. Furthermore, the MMA company even launched a non-fungible token (NFT) collection to celebrate UFC 268: Usman vs. Covington 2. Beyond crypto.com, Coinbase and FTX have signed up numerous team sponsorships and endorsement deals to target mainstream users. In fact, FTX brought Tom Brady as a ‘brand ambassador’ along with MLB slugger Shohei Ohtani and NBA sharpshooter Steph Curry.

The post Francis Ngannou to Take Half of His UFC 270 Purse in Bitcoin appeared first on Cryptoknowmics-Crypto News and Media Platform.

Francis Ngannou to convert half of UFC 270 pay to Bitcoin

UFC star Francis Ngannou joins the likes of Aaron Rodgers and Odell Beckham Jr as high profile athletes converting their salary into Bitcoin.

Pakistan Wants To Block Websites Dealing With Crypto

Pakistan wants to block websites that deal with crypto according to the Pakistani Federal Investigation Agency as we read further in today’s cryptocurrency latest news. The decision followed a meeting with the agency and the State of Pakistan which recommended a complete ban on crypto. Pakistan wants to block websites even that have to deal […]

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