The SFC's guidelines explicitly forbid the distribution of crypto 'gifts' intended to encourage retail investments, which may encompass airdrops. Additionally, the guidelines state that stablecoins should not be allowed for retail trading until they undergo regulatory oversight.
NFT enthusiasts can now acquire tokens on the Bitcoin network via their Binance accounts, as the top cryptocurrency exchange enables direct purchases, eliminating the requirement of setting up a separate wallet for transactions.
Gucci has stepped up its Web3 efforts by letting crypto nerds buy its products in stores with ApeCoin. This is in addition to the 12 other digital assets it already accepts as payment.
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