• Magazine Sports Illustrated, 68 years old, announced a partnership with NFT startup OneOf to launch a series of non-fungible sports tokens on Polygon (MATIC), with a starting lineup of nine sports icons including Muhammad Ali, Wayne Gretzky and Mia Hamm. The NFTs will offer reimagined versions of classic magazine cover photos for each of their initial partner athletes, all designed by artist Jonathan Winbush.

 

• TV Somanathan, Finance Secretary of the India, confirmed this week that it is not illegal to buy or sell crypto assets in the country. Regarding the regulation of cryptocurrencies, the official stated that “The government’s approach is to consult widely and also look at what is happening internationally.”

 

• The peer-to-peer platform Paxful announced the launch of a new education and training center in El Salvador which offers free learning opportunities around Bitcoin (BTC) to build financial inclusion called “The House of Bitcoin”. The hub aims to fuel the next wave of mass bitcoin adoption and equip growing segments such as small merchants and local businesses with tools to connect to a global community of users.

 

• The popular exchange FTX announced the acquisition of Liquid, operator of the regulated Japanese exchange Quoine to offer services to customers in Japan. Both companies reported that “They look forward to working together to provide products and liquidity to clients in the Japanese and global markets.”

 

• On the other hand, the Financial Sector Conduct Authority of South Africa (FSCA) warned the public to have be careful when dealing with FTX, as the platform could be offering derivatives trading to South African residents, when it is not licensed to do so.

 

 

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