Latest Crypto News: Cristiano Ronaldo Launches NFT Collection, UK Financial Watchdog Seeks Support For Crypto Ban – Outlook India

Latest Crypto News: Cristiano Ronaldo Launches NFT Collection, UK Financial Watchdog Seeks Support For Crypto Ban – Outlook India

Blockchain Crypto Market Technology
November 17, 2022 by Coinvasity
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Here are some major news updates in the crypto space over the last few days Has secularism ever fulfilled its mandate in India or was it always sent askew by communal politics?Caught between a deeply religious citizenry and a religion-driven polity, secularism is facing threat both as an ideal and as a practiceIndian secularism has
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Here are some major news updates in the crypto space over the last few days
Has secularism ever fulfilled its mandate in India or was it always sent askew by communal politics?
Caught between a deeply religious citizenry and a religion-driven polity, secularism is facing threat both as an ideal and as a practice
Indian secularism has had a chequered history where political expediency means trading off secular ideals for power
Right wing forces are marching centre stage across the world in a worrying development
Secularism, in modern terms, means mostly the separation between religion and state, but it has been interpreted differently across the world
Updated: 16 Nov 2022 1:06 pm
Footballer Cristiano Ronaldo plans to launch his NFT (Non-Fungible Tokens) on Friday as part of a multi-year partnership with Binance, the world’s leading blockchain ecosystem, and cryptocurrency infrastructure provider.
"The launch is supported by a global marketing campaign featuring Ronaldo, aiming to give his fans an introduction to Web3 through NFTs," said Binance in a press statement.
Commenting on the development, Ronaldo said, “It was important to me that we created something memorable and unique for my fans as they are such a big part of my success.”
The Portugal national football team captain added “With Binance, I was able to make something that not only captures the passion of the game but rewards fans for all the years of support.”
The inaugural Cristiano Ronaldo NFT collection would be rolled out on November 18 (9 am UTC) and feature seven animated statues with four rarity levels: Super Super Rare (SSR), Super Rare (SR), Rare (R), and Normal (N). Each NFT statue depicts Ronaldo in an iconic moment from his life, from career-defining bicycle kicks to his childhood in Portugal.
"We believe the metaverse and blockchain are the future of the internet," said Binance co-founder and chief marketing officer He Yi. "We are honored to collaborate with Cristiano to help more people understand blockchain and showcase how we are building Web3 infrastructure for the sports and entertainment industry," He said.
According to Binance, new users who register with Binance.com (and complete KYC) will receive a Cristiano Ronaldo Mystery Box, which may include limited-edition Ronaldo NFTs. The CR7 Mystery Boxes are available for the first 1.5 million new Binance users who sign up with referral ID RONALDO.
Britain Financial Watchdog Seeks Political Support For Crypto Bans
The Financial Conduct Authority (FCA) of Britain urged lawmakers on Tuesday to uphold its unpopular decision to deny licence to cryptocurrency exchanges, including the recently
defunct FTX , Reuters reported.
According to the watchdog's chief executive Nikhil Rathi, the FCA is under pressure because 85 per cent of licence requests from crypto firms have either been denied or withdrawn.
"We have taken quite a bit of heat from people saying we are allowing this innovative activity to move to other jurisdictions, and that other jurisdictions are stealing a march," Rathi told a committee in parliament's upper chamber, the House of Lords.
“That means sometimes turning down some of the largest players in the global market,” Rathi added.
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