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Produced by Daniel Aharonoff & Mogul Media AI

Stepn x Adidas Genesis Sneakers: A New Era in Fitness

The Stepn x Adidas Genesis Sneakers Collection: A Revolutionary Partnership The fusion of the digital and physical worlds is more than a trend; it is a burgeoning reality. The recent collaboration between Stepn and Adidas exemplifies this transformative shift. With the launch of the Genesis Sneakers collection, both companies are poised to redefine the boundaries of fitness, fashion, and technology in lifestyle rewards. This partnership is not only groundbreaking but also sets the stage for future innovations in the ever-evolving landscape of fitness applications and digital assets. A New Era of Phygital Experiences Stepn, a pioneering move-to-earn FitTech app, has taken a bold leap by teaming up with a global powerhouse like Adidas. This collaboration signifies a pivotal moment in the fitness and lifestyle sector, as highlighted by Stepn CEO Shiti Manghani: Phygital Partnership : The merging of physical and digital assets marks a new direction for lifestyle rewards. Enhanced...
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Produced by Daniel Aharonoff & Mogul Media AI

Floki Crypto Project Addresses Regulatory Concerns Raised by Hong Kong's SFC

The team at Floki, a meme-based crypto project, is currently navigating through regulatory concerns brought forth by Hong Kong's Securities and Futures Commission (SFC) regarding its token staking program. In response to the SFC's apprehensions surrounding the staking services, Floki's team has proactively taken several measures to address and mitigate these concerns:

Measures Implemented by Floki's Team:

  • Warning Notices: Floki has issued warning notices to inform users about the potential risks associated with the token staking program.

  • Blocking Hong Kong Users: As a precautionary step, the team has blocked users located in Hong Kong from participating in the staking program.

  • Pausing Marketing Campaign: In an effort to comply with regulatory directives and alleviate concerns, Floki has temporarily halted its marketing activities in the Hong Kong region.

The Securities and Futures Commission had previously cautioned investors about the unregulated nature and risks posed by virtual asset platforms offering staking services. As Floki's team proactively addresses these concerns, the future of the project in the Hong Kong market will likely depend on further collaboration with regulators and continued compliance efforts.

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