FTX Selling BILLIONS of Tokens; MetaMask’s New Updates; Stoner Cats NFT Charged by SEC; PayPal’s Crypto Push

The team break down the latest crypto news, from FTX selling tokens to Metamask’s new updates. They also discuss NFTs and the SEC charging a popular project called ‘Stoner Cats’

Key Takeaways 

• FTX received court approval to sell billions worth of BTC, ETH, SOL and other cryptocurrencies. Selling will occur gradually.
• Deutsche Bank, Germany’s largest bank, said it will establish crypto custody and tokenisation services. Institutional adoption continues.
• The SEC ​​charged the creator of the Stoner Cats animated web series with conducting an unregistered offering of crypto-asset securities in the form of NFTs. Two straight weeks of enforcement against NFTs.
• Institutional updates: PayPal launched an off-ramp for U.S. users and Visa released a Solana deep dive. 
• MetaMask announced one of its biggest-ever updates: Snaps. Allowing you to do more things within MetaMask without leaving.