Latest from Sheldon Reback
UK Financial Regulator to Limit Crypto Ads to Sophisticated, Wealthy Investors
The FCA also intends to ban incentives such as refer-a-friend and new-joiner rewards.

Crypto Exchange FTX Establishes $2B Fund to Invest in Crypto Startups
The FTX Ventures fund will be one of the industry's largest, the Wall Street Journal said.

BIS Names CBDC Expert as Head of Euro Region Innovation Center
Raphael Auer is now an economist in the organization’s innovation and digital economy unit.

Cryptocurrencies Approach New Year in Positive Mood
Bitcoin advanced to its highest price in three days, though all of the biggest cryptocurrencies are negative for the week.

MicroStrategy Buys Another $94.2M of Bitcoin
As of Dec. 29, the company held about 124,391 bitcoins purchased at an average price of $30,159.

Arsenal FC Fan Token Ads Criticized by UK Regulator
The Advertising Standards Authority said the ads were irresponsible for trivializing investment in crypto assets.

Bank of England to Ramp Up Talks on Crypto Rules as Data Is Hard to Find: Report
International cooperation is required to gather the information needed to evaluate crypto risks to the global financial system.

BOE Says Growth of Crypto Could Pose Risks for Financial Stability
The pace means the assets could pose risks to U.K. financial stability as they become more linked to the wider economy.

SK Square to Demand Metaverse Presence for Portfolio Companies: Report
The requirement marks a move into a new environment compared with the traditional investments of South Korea’s largest industry groups.

MicroStrategy Says It Bought 1,434 Bitcoins Since Nov. 29
The company held about 122,478 bitcoins as of Dec. 8, for a value of about $6 billion.
