Here are the latest updates from the crypto world
Starting January 2025, Google will require advertisements for digital asset exchanges and wallets in the United Kingdom to register with the country's financial services regulator. The search engine giant announced that from January 15, 2025, advertisers offering crypto exchange products and services in the UK will be permitted to advertise if they fulfill specific criteria.
Google stated that ads for crypto exchanges and software wallets would be allowed if the advertisers were registered with the Financial Conduct Authority (FCA).
France's financial markets regulator, Autorité des Marchés Financiers (AMF), has given the green light to a cryptocurrency business operated by the French bank BPCE.
BPCE’s cryptocurrency arm, Hexarq, has received authorization as a crypto asset service provider (CASP), according to an official notice from the AMF dated Dec. 20.
This approval allows Hexarq to officially offer a range of crypto services, including crypto custody, as well as buying, selling, and trading crypto against the euro.
Online reports indicate that BPCE’s Hexarq plans to start providing cryptocurrency investment services within the Banque Populaire and Caisse d’Épargne networks by 2025.
Last week, Ethereum-based non-fungible token (NFT) collections saw a significant increase, pushing the total weekly sales volumes of digital collectibles to $304 million.
On December 21, CryptoSlam, a data tracker, reported that Ethereum NFTs witnessed a 76% rise compared to the previous week, achieving $201 million in sales volume. This accounted for 66% of all NFT sales volume over the past seven days.
In comparison, Bitcoin-based NFTs recorded $40 million in sales, while Solana-based collections reached $29 million. Mythos Chain, Immutable, Polygon, and BNB Chain together had a weekly volume of $25.9 million.
This weekly figure also surpasses the $296 million NFT sales record set in September, which was the lowest monthly sales volume for digital collections since 2021.