FC Barcelona will launch its cryptocurrency

The Spanish football club Barcelona intends to issue its own cryptocurrency in order to attract financial resources – this was stated by the president of the club Joan Laporta.

As you know, Barcelona is organized on the principle of a registered association, that is, it does not belong to a specific person, but is managed by 160 thousand supporters who choose representatives to reflect their interests.

Laporte also noted that the club is creating its own metaverse and therefore refused to cooperate with existing cryptocurrency companies. Moreover, Barcelona already has its own fan token BAR, which was released on the Chiliz platform and is traded on the Binance exchange.

The president of the club also confirmed that in the near future FC intends to launch a collection of non-interchangeable tokens (NFT).

Other news of the crypto market

• The administration of US President Joe Biden has asked crypto exchanges to help prevent the use of digital currencies to circumvent sanctions by Russian individuals and organizations.

• The current bitcoin exchange rate is $44,078. The cryptocurrency has managed to recover from recent lows in the area of $34,800.