The National Football League’s (NFL) Dallas Cowboys have chosen Blockchain.com as their first crypto-related sponsorship.

Jerry Jones, the Dallas Cowboys’ owner and general manager, announced the news at a press conference on Wednesday. The agreement comes at a time when the NFL is moving to relax its policies on how teams interact with the cryptocurrency business.

While some have referred to the Cowboys’ transaction as the first official cryptocurrency transaction by an NFL team, this isn’t exactly accurate: The New England Patriots joined with fan token platform Socios in November, although no tokens have yet been created as a result of the partnership.

The league amended its September temporary ban on all crypto and non-fungible token (NFT) arrangements in March, currently accepting sponsorship deals that do not contain the marketing of specific cryptocurrencies, including fan tokens.

Separately on Wednesday, Socios announced a contract with 13 NFL teams. The Dallas Cowboys aren’t one of the teams participating in this.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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News

Dallas Cowboys Ink Deal With Blockchain.com as NFL Teams Begin Crypto Embrace

The National Football League’s (NFL) Dallas Cowboys have chosen Blockchain.com as their first crypto-related sponsorship.

Jerry Jones, the Dallas Cowboys’ owner and general manager, announced the news at a press conference on Wednesday. The agreement comes at a time when the NFL is moving to relax its policies on how teams interact with the cryptocurrency business.

While some have referred to the Cowboys’ transaction as the first official cryptocurrency transaction by an NFL team, this isn’t exactly accurate: The New England Patriots joined with fan token platform Socios in November, although no tokens have yet been created as a result of the partnership.

The league amended its September temporary ban on all crypto and non-fungible token (NFT) arrangements in March, currently accepting sponsorship deals that do not contain the marketing of specific cryptocurrencies, including fan tokens.

Separately on Wednesday, Socios announced a contract with 13 NFL teams. The Dallas Cowboys aren’t one of the teams participating in this.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Patrick

CoinCu News

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