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Free Promotional NFTs, Crypto Airdrops Would Be Banned Under New UK Rules, FCA’s Matthew Long Says

The U.K.’s strict crypto financial promotions rules will come into effect on Oct. 8, according to a report the FCA published on Thursday. Under these rules, crypto will be categorized as a “restricted mass market investment,” and will require adverts on crypto to have clear risk warnings. What’s more, incentives

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VORB Stock Up 70% in Pre-market, Virgin Orbit to Receive $200M Investment from Matthew Brown

Virgin Orbit stock is up over 73% in the pre-market while yesterday it closed down almost 15%. Aircraft engineering company Virgin Orbit (NASDAQ: VORB) is about to close a deal with venture capital investor Matthew Brown. Reuters reported the news referring to a term sheet that reveals that the company is nearing an

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Multicoin Capital Partners With Bitwise and Matthew Ball for Metaverse Crypto Index, Fund

“The index draws on a list of liquid crypto assets that pass a series of risk screens to ensure that they are appropriate for professional investors,” Ball said. “Those screens include items related to custody, liquidity, technological and regulatory risk, as well as screens like developer activity, revenues and fit

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