By accessing or using any part of the site, you agree to be bound by these Terms of Service. Please read these Terms of Service carefully before accessing or using our website. These Terms of Service apply to all users of the site, including without limitation users who are browsers, vendors, customers, merchants, and/ or contributors of content. Dapper Design, LLC offers this website, including all information, tools and services available from this site to you, the user, conditioned upon your acceptance of all terms, conditions, policies and notices stated here.īy visiting our site and/ or purchasing something from us, you engage in our “Service” and agree to be bound by the following terms and conditions (“Terms of Service”, “Terms”), including those additional terms and conditions and policies referenced herein and/or available by hyperlink. Throughout the site, the terms “we”, “us” and “our” refer to Dapper Design, LLC. That could potentially put businesses in a difficult position moving forward, as they balance the weight of regulatory compliance with a community that’s generally resistant to censorship.This website is operated by Dapper Design, LLC. It’s likely that more web3 companies will follow suit with restrictions as a result of the new EU sanctions. Russia took steps to restrict crypto transactions this week too, blacklisting OKX, the world’s second-largest cryptocurrency exchange by volume, according to CoinGecko. According to a press release from the EU, “existing prohibitions on crypto assets have been tightened” by banning services regardless of a wallet’s value, which was previously capped at €10,000. The EU sanctions represent an escalation from previous restrictions on crypto established in April. The NFT with the highest floor price for sale on UFC Strike depicts one of Nurmagomedov’s victories, with a starting price of $3,700.ĭapper did not respond to requests for comment from Decrypt. While Dapper has inked deals with major American sports leagues, it’s also enabled the sale of collectables related to Russian fighters who’ve participated in the UFC, such as Khabib Nurmagomedov. “Any Moments you own and any Dapper Balance continue to be your property.” “Regardless of this new regulation, any NFT previously purchased by an impacted user continues to belong to that user,” Dapper stated. The company emphasized that impacted users will maintain ownership of their assets, even if they can’t sell them. However, users of Russian-linked accounts will still be able to access and view the NFTs they’ve purchased. They will also be unable to withdraw funds from their Dapper accounts or make purchases with existing balances. Users impacted by the partial suspension will be unable to purchase, sell, or gift digital collectables across platforms such as UFC Strike, NBA Top Shot, and NFL All Day. “However, Dapper has not closed the accounts.” “It is now prohibited to provide crypto-asset wallet, account, or custody services of any value to accounts with connections to Russia,” Dapper stated in a press release. Dapper, which specializes in NFT collectables, said it was directed to take action by its payment processing and stored value partner, which is subject to EU regulations. The decision was made following sanctions imposed by the European Union on Thursday, targeting Russia and Russian nationals. Dapper Labs is restricting Russian accounts from using its payment services, the company said this week.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |