Showing 1 Result(s)

NFL loosens rules around crypto company sponsorships: report

The NFL will now allow teams to seek sponsorships with blockchain companies, but wider restrictions regarding cryptocurrencies that can be exchanged for merchandise or experiences remain, according to a memo obtained by CNBC. After completing an evaluation of the technology, the league stated it will allow “promotional relationships without undertaking excessive regulator or brand risk” according to the memo. “In this evolving regulatory environment, it remains essential that we proceed carefully when evaluating potential commercial opportunities involving blockchain technologies, and …