Singapore Curbs Crypto Ads at F1 Grand Prix

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Singapore Curbs Crypto Ads at F1 Grand Prix
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Crypto.com has paid millions to sponsor Formula 1. When the event takes place in Singapore later this month, it could mean a lot of empty space.

The company has been part of a campaign by cryptocurrency companies to stick their logos on F1, a high-octane sport that has grown in viewership in recent years. Crypto mogul Sam Bankman-Fried FTX Trading Ltd. has an agreement with mercedesBinance signed with Alpine and Bybit partnered with Red Bull.

wsj

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