Companies

Crypto Companies Pour $170M into Premier League Sponsorships

Crypto Companies Pour $170M into Premier League Sponsorships

According to a September 7 report by Bloomberg, Premier League (PL) clubs have secured a record-breaking $170 million in sponsorship deals from crypto companies for the 2024/25 season. This uptick comes as league participants face tightening restrictions on gambling sponsorships, which have traditionally been a major source of revenue for them. Crypto Sponsorships on the […]

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Crypto Companies Fined $5.8 Billion In 2023, TradFi Less Than $900 Million

Crypto Companies Fined $5.8 Billion In 2023, TradFi Less Than $900 Million

Source: Pixabay Crypto companies received more fines for poor money controls than traditional financial firms for the first time ever in 2023, according to data compiled by the Financial Times. In fact, the penalties were hardly comparable. Whereas crypto companies lost $5.8 billion for inadequate customer checks and anti-money laundering controls, their legacy counterparts paid

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