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Chiliz: 'We are revolutionizing sports and entertainment through the Chiliz Chain'

Web3/Crypto
Webp chiliz
Chiliz | X

Chiliz announced that it offered "exclusive insights" about its "impact in Asia" and the opportunity to meet "football legend Fabio Cannavaro," while highlighting its efforts in "revolutionizing sports and entertainment" at Token 2049. Chiliz made this statement in a September 18 post on X.

"Hello @token2049," said Chiliz Francais, Chiliz Francais. "Join us for exclusive insights, discover Chiliz's impact in Asia, meet football legend Fabio Cannavaro, and explore how we are revolutionizing sports and entertainment through the Chiliz Chain."

Token 2049 is described as the largest crypto event globally, attended by nearly 20,000 people, with over 7,000 companies, 300 speakers, and 400 exhibitors present. According to the event's website, it is "a global conference series, where the crypto ecosystem's decision-makers connect to exchange ideas, network, and shape the industry." The annual event is held in Singapore and Dubai, with the latest one occurring in Singapore on September 18 and 19.


Chiliz post | x

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Chiliz participated in Token 2049 with several initiatives. These included a meet-and-greet session with football legend Fabio Cannavaro and CEO Alexandre Dreyfus, an interactive booth showcasing its solutions, and merchandise giveaways. Attendees had the chance to claim a Proof of Attendance Protocol (POAP) NFT. Chiliz's presence at the event demonstrated its engagement with the Asian crypto community and included recent partnerships with Naver Pay, the K League, and game developers such as Lillius.

According to its website, Chiliz was founded in 2018 as a 'leading blockchain provider for sports and entertainment.' In 2023, they launched their Chiliz Chain to expand their ecosystem to a broader audience. The company aims for a 'greater adoption of blockchain technology across sports and entertainment platforms,' inviting brands to build Fan Tokens, NFTs (Non-Fungible Tokens), and other digital assets with all fees paid in Chiliz native token $CHZ.

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UK’s stringent crypto regulations spark debate as exchanges struggle to gain FCA approval

The UK cryptocurrency market continues to pose challenges for exchanges as they adapt to stricter regulatory requirements. Cryptocurrency exchange Bitget recently relaunched its UK platform after halting services in May 2024 to comply with the UK Financial Conduct Authority’s (FCA) Financial Promotions regime. This relaunch reflects Bitget’s efforts to align with the FCA’s evolving standards, aimed at enhancing consumer protection in the digital asset space.

Nov 24, 2024

Italy backtracks on crypto tax hike amid investor pushback

The Italian government recently announced a plan to increase the capital gains tax on bitcoin and other cryptocurrencies from 26% to 42%. This proposal, part of broader fiscal measures to support election pledges and reduce Italy’s fiscal deficit, has raised concerns among cryptocurrency investors and industry leaders.

Nov 24, 2024

European banking authority issues new guidelines for crypto providers to comply with restrictive measures

On November 14, the European Banking Authority (EBA) released comprehensive guidelines for Payment Service Providers (PSPs) and Crypto-Asset Service Providers (CASPs) to ensure alignment with European Union (EU) and national restrictive measures. These guidelines aim to reduce risks and strengthen compliance when transferring funds or crypto assets.

Nov 22, 2024

New crypto regulations aim to keep startups from 'sailing away' to the U.S.

The UK government is set to introduce new cryptocurrency regulations aimed at countering the growing appeal of the United States as a destination for crypto businesses. In response to concerns of regulatory delays following Brexit, the legislation focuses on establishing a clearer framework for stablecoins and staking activities, with the goal of strengthening the UK’s position as a global hub for digital assets.

Nov 22, 2024

OpenAI chooses Paris as its new home base

OpenAI, the world’s largest artificial intelligence company, has announced it will establish a new base in Paris.

Nov 20, 2024

Crypto investors sound alarm on UK’s capital gains tax hike and regulatory pressure

On October 30, UK Chancellor Rachel Reeves announced a capital gains tax (CGT) rate increase for high-income individuals, raising it to 24%. This change has raised concerns in the cryptocurrency community, where some investors fear that increased tax and regulatory pressures will diminish the UK's appeal for digital asset investment.

Nov 20, 2024

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