Football star Andrés Iniesta warned by Spanish regulators after promoting Binance - Aliens: AI Crypto News & Markets Updates

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Football star Andrés Iniesta warned by Spanish regulators after promoting Binance

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Aliens

Fri, Nov 26, 2021

Football star Andrés Iniesta, who plays for the Vissel Kobe football club in Japan, received a warning from the Spanish market regulator. Iniesta had promoted Binance in a tweet that read, " “learning how to get started with crypto with @binance #BinanceForAll.” In response, Spain’s National Securities Market Commission (CNMV) replied to his post. The response read, “crypto assets, being unregulated products, carry some significant risks.”

Source: Coindesk

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Proposed legislation that would ban the use of cryptocurrencies as a method of payment in India also seeks to make those who infringe the law subject to arrest without a warrant and being held without bail, according to a source and a summary of the bill seen by Reuters. Prime Minister Narendra Modi's government has previously flagged that it plans to ban most cryptocurrencies - a move which follows measures by China this September that intensified its crackdown on cryptocurrencies. According the summary of the bill, the Indian government is planning a "general prohibition on all activities by any individual on mining, generating, holding, selling, (or) dealing" in digital currencies as a "medium of exchange, store of value and a unit of account".
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