Fintech PR
NEW ASSOCIATION LAUNCHED TO PROTECT CASK WHISKY CUSTOMERS AND UPHOLD THE REPUTATION OF THE SCOTCH INDUSTRY
LONDON, Sept. 21, 2023 /PRNewswire/ — Today sees the launch of the Cask Whisky Association (CWA), a new organisation established to create a safe environment for whisky enthusiasts and customers to buy and sell casks.
The CWA is made up of two boards of Members and Advisors and includes cask whisky businesses, distilleries, independent bottlers, whisky experts and authors as well as legal and insurance professionals working within the sector.
By setting best practices in cask whisky ownership and sale, the Association aims to protect cask whisky customers and the wider whisky industry.
Chairman of the Advisory Board and spokesman for the CWA Colin Hampden-White says the Association’s goal is to uphold the overall reputation of the Scotch whisky industry.
“The Cask Whisky Association exists to protect private customers from unscrupulous business practices and traders and safeguard independent bottlers from over-inflated pricing,” Colin says, adding: “Our Members are committed to, and will provide guidance on, best practice.”
Taking action
Wendy Chamberlain MP, Chair of the Scotch Whisky APPG, has today written to the business minister responsible for the Digital Markets, Competition, and Consumers Bill, seeking clarification on whether the new consumer legislation will increase protections for investors in cask whisky. She says in the letter: “Having met with the Cask Whisky Association, I am aware that there are many reputable organisations who want to provide good investment opportunities to enthusiasts and investors alike. The actions of bad actors in this field risk harming not only consumers, but the reputation of Scotch whisky and the long-term viability of the industry as a whole.”
The Association has also met with Lord Richard Harrington – who is leading the government review of foreign direct investment (FDI). Harrington said of the Association: “This type of cross-industry collaboration is welcomed. Where blind spots in regulation exist, such as in the cask investment space, it is encouraging to see different parts of the industry coming together to address the issues that emerge. Scotch is a true British success story so measures must be put in place to protect the integrity of the sector.”
Other MPs whom recognise the need to better protect investors are also lending their support to the Association.
Nickie Aiken, MP for Cities of London and Westminster, says: “I am delighted to hear of the great work of the Cask Whisky Association, which is being set up to educate and protect investors in the fast-growing cask whisky market. As the sector continues to grow, it’s vital that adequate protections are in place for consumers and investors alike.”
The Association is in discussions with the Scotch Whisky Association (SWA), the Worshipful Company of Distillers and the Advertising Standards Authority (ASA), seeking cooperation and collaboration to address issues in the sector. It is also petitioning The Bonded Warehousekeepers Association (The BWA) to gain their support.
Whisky expert and author Hans Offringa sits on the CWA’s advisory board. He says: “If you want to buy whisky go to a trusted company and get some advice, that way you will avoid any pitfalls. That’s why I think certification and licensing is so important; the Cask Whisky Association provides a quality hallmark for people looking to buy and invest in whisky. There are a lot of cowboys out there and we don’t want them to discredit good companies and ruin good business.”
Membership to the CWA is open to UK-based, financially-stable companies who uphold quality standards and retain all appropriate licences.
The CWA is a voluntary organisation open to all cask whisky companies. Applications will be reviewed semi-annually by the executive board and overseen by the independent advisory board.
Please visit the website for further information https://caskwhiskyassociation.org/contact/
Follow the CWA on social media:
Instagram – caskwhiskyassociation
Facebook – Cask Whisky Association
X – @caskwhiskyassoc
LinkedIn – Cask Whisky Association
ABOUT THE CASK WHISKY ASSOCIATION (CWA)
The Cask Whisky Association was established and launched in 2023.
The CWA brings together stakeholders leading on best practice to safeguard the industry and consumer.
The carefully-curated board of Advisors offer a depth and breadth of knowledge from all sides of the industry and includes distilleries, authors, journalists as well as insurance and legal professionals.
CWA Executive Board
Keith Rennie – Director at Scotch Whisky International Ltd
Simon Aron – Managing Director of Cask Trade Ltd
Saul Kelly – Managing Director of Fruitful Spirits Ltd
George Stewart –Director of George Stewart Whisky Ltd
Danny Saltman – Director of Malts at DS Tayman
Saul Taylor – Managing Director of Dalkeith Brokerage Ltd
Russell Spratley – Director of Spiritfilled Ltd
CWA Advisory Board
Colin Hampden-White – TV presenter and whisky journalist
Charles Maclean – Author and whisky expert
Hans Offringa – Author and whisky expert
George Frier – Partner at Shepherd and Wedderburn LLP
Patricia Dillon – Managing Director of Speyside Distillers Co. Ltd
John Laurie – Managing Director of The Glenturret
Graeme Dempster – Account Executive at insurance broker Bruce Stevenson
Martin Purvis – Associate Director of Kelvin Cooperage
https://caskwhiskyassociation.org
Contact: Gordon Carver / 07732604450 / g.carver@hawthornadvisors.com
Photo – https://mma.prnewswire.com/media/2217524/Cask_Whisky_Association.jpg
View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/new-association-launched-to-protect-cask-whisky-customers-and-uphold-the-reputation-of-the-scotch-industry-301934845.html
Fintech PR
Strictly Money Launches Crowdcube Campaign, Inviting European Investors to Fuel its Growth Journey
LONDON, Dec. 27, 2024 /PRNewswire/ — Strictly Money Ltd, the London-based fintech, has launched a crowdfunding campaign on Crowdcube to invite European investors to fuel its next phase of growth. Crowdcube, Europe’s largest private market investment platform, has powered success stories like Revolut, Qonto, and Monzo. Regulated by the UK’s Financial Conduct Authority (FCA), Crowdcube provides a trusted and innovative platform for investors to participate in transformative ventures.
Strictly Money’s primary objective with this campaign is to accelerate its growth, fuel product development, and expand its shareholder base. The funding will enable Strictly Money to launch its payment card and banking app in early 2025 and to strengthen its market presence in Scandinavia, the UK, and Ireland. The company plans to introduce hedge fund returns products, broadening investment options for consumers by the end of 2025.
Discover how you can be part of Strictly Money’s growth journey by visiting our Crowdcube campaign at https://crowdcube.getstrictlymoney.com.
Will Povey, CEO and Co-Founder of Strictly Money, said: “At Strictly Money, our vision is to empower everyday investors with access to wealth-building tools and opportunities that were previously reserved for high-net-worth individuals. With this crowdfunding campaign, we aim to bring together a diverse community of investors who share our passion for financial innovation and inclusivity. This funding will not only help us launch our innovative debit card and app but also drive the development of new products that deliver real value to our users.”
About Strictly Money:
Strictly Money is a UK-based financial technology company set to launch a debit card and a cutting-edge banking app in early 2025. The company aims to democratize access to high-performing hedge fund returns, providing innovative investment strategies and financial solutions tailored to investors, savers, and entrepreneurs. Strictly Money’s mission is to open up premium investment opportunities traditionally limited to high-net-worth individuals (HNWIs). For more information, visit https://strictly-money.com.
For media inquiries contact:
Mary Prendergast
Email: [email protected]
Important Notice:
Investing in startups and early-stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution. It should be done only as part of a diversified portfolio. Crowdcube is targeted exclusively at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. Please read the full Risk Warning on Crowdcube’s website before deciding to invest.
Logo – https://mma.prnewswire.com/media/2588210/Strictly_Money_Logo.jpg
View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/strictly-money-launches-crowdcube-campaign-inviting-european-investors-to-fuel-its-growth-journey-302339702.html
Fintech PR
Bybit Web3 Wallet Integrates Tonstakers: The First of Its TON Staking Offerings to Expand DeFi Opportunities
DUBAI, UAE, Dec. 27, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange,is excited to announce the integration of Tonstakers, the leading liquid staking protocol on the TON blockchain, into its Web3 Wallet. This marks the first of Bybit Web3’s TON staking offerings, reinforcing its commitment to expanding decentralized finance (DeFi) opportunities for its users.
With this integration, Bybit Web3 Wallet users can now seamlessly stake Toncoin ($TON) and receive $tsTON (Tonstakers LST) in return. The value of $tsTON increases relative to $TON every 26 hours, ensuring competitive rewards while contributing to the growth and success of the TON ecosystem. The integration also opens the door for 130 million users in the TON ecosystem to access TON staking directly within the Bybit Web3 Wallet.
Bybit is dedicated to simplifying DeFi adoption by providing intuitive and user-friendly staking experiences. This milestone partnership with Tonstakers enables users to unlock annual returns estimated between 3% and 5% APY, with rewards automatically compounded, further cementing Bybit’s role as a leader in DeFi accessibility.
Why Tonstakers Matters: The First of Its Kind
Tonstakers is the inaugural partner in Bybit Web3’s TON staking initiative, setting a new standard for staking services. With a total value locked (TVL) exceeding $260 million and a significant market share in the liquid-staked TON sector, Tonstakers offers Bybit Web3 Wallet users unparalleled access to TON staking benefits:
- Effortless Staking: Securely stake $TON with ease, thanks to the user-friendly interface within the Bybit Web3 Wallet.
- Earn $tsTON Rewards: Receive tokenized staked Toncoin ($tsTON), which can be leveraged within DeFi applications across the TON ecosystem.
- Explore DeFi Liquidity: Engage with Tonstakers Earn to provide liquidity using $tsTON, unlocking diverse earning opportunities.
“Bybit Web3 is proud to deepen our integration with the TON blockchain, a crucial step in our mission to foster a thriving and interconnected Web3 ecosystem,” said Emily Bao, Head of Bybit Web3. “This integration empowers our users with seamless and trusted access to TON liquid staking pools and unlocks valuable earning opportunities. As a strong believer in DeFi adoption, Bybit Web3 is committed to bridging the gap between Web2 and Web3, creating simple, easy, and accessible solutions that bring the benefits of decentralized finance to a wider audience. We believe this integration will significantly contribute to the growth and success of the TON ecosystem.”
Start Staking Today To begin staking your $TON and earning with $tsTON, visit https://www.bybit.com/en/web3/staking and discover the power of Bybit Web3 Wallet’s integration with Tonstakers. Bybit Web3 Wallet currently supports a wide range of staking services beyond TON tokens, including ETH, USDT, USDC, bbSOL, SUI, and more.
#Bybit / #TheCryptoArk / #BybitWeb3
About Bybit Web3
Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 130 million wallet addresses across over 30 major ecosystem partners, and counting.
Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as the world’s second-largest cryptocurrency exchange by trading volume, trusted by over 60 million users globally.
Join the revolution now and open the door to your Web3 future with Bybit.
For more details about Bybit Web3, please visit Bybit Web3.
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
Photo – https://mma.prnewswire.com/media/2588103/Bybit_Web3_Wallet_Integrates_Tonstakers_The_First_Its_TON_Staking.jpg
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/bybit-web3-wallet-integrates-tonstakers-the-first-of-its-ton-staking-offerings-to-expand-defi-opportunities-302339604.html
LAS VEGAS, Dec. 27, 2024 /PRNewswire/ — Yaber reported a remarkable 100% year-over-year sales surge during Black Friday. The T2 outdoor projector, featuring a built-in battery and handle-to-stand design, ranked among Amazon’s Top 3 “Most Wished For” list. Meanwhile, the L2s projectors, available in exclusive Pantone colors, sold out shortly after launch.
Yaber T2 projector is currently available at Christmas sale on Amazon and the official Yaber website. Meanwhile, pre-orders for the L2s projectors in exclusive Pantone colors will reopen in mid-January 2025.
This year, Yaber further expanded its global retail presence, debuting at the iconic Selfridges in the UK and securing placements in MediaMarkt across EMEA, Canada’s London Drugs, Saudi Arabia’s EXTRA, Belgium’s FNAC, Greece’s PUBLIC, Czech Republic’s Datart, Japan’s Bic Camera and Yodobaxi, and Malaysia’s premier IOI City Mall and Plaza Low Yat.
Looking ahead, Yaber is set to unveil its first ultra-short-throw laser projector and a new Keith Haring-inspired entry-level model at CES 2025. The launch event will take place at 4:00 PM PST, January 6, 2025 at Caesars Palace, Las Vegas. Visit Yaber’s booth in South Hall 1-30808 at Las Vegas Convention and World Trade Center (LVCC) from January 7-10 to discover more.
About Yaber
Founded in 2018, Yaber redefined home entertainment by introducing the world’s first entertainment projector, pioneering a new category in the industry. Today, its innovative projectors have delivered immersive experiences to users in over 120 countries, making Yaber a trusted name in global home entertainment.
The letter “Y” in Yaber embodies the youthful vigor and innovative spirit of Generation Y. It’s not just a symbol, but a unique representation of youth identity and attitude towards life, infusing the brand with rich cultural connotations of youthfulness within simplicity.
Committed to excellence, Yaber has been pushing the boundaries of audiovisual innovation, crafting projectors that inspire richer, more vibrant lifestyles. Its achievements are recognised with prestigious accolades, including the Red Dot, IDEA, VGP, and CES Innovation Awards.
Photo – https://mma.prnewswire.com/media/2588098/Yaber_achieves_100__YOY_sales_growth_Black_Friday.jpg
Logo – https://mma.prnewswire.com/media/2348478/5093200/Yaber_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/yaber-achieves-100-yoy-sales-growth-during-black-friday-and-gears-up-for-ces-2025-302339600.html
-
Fintech PR5 days agoGCL Energy Technology and Ant Digital Technologies Launch First Blockchain-Based RWA Project in Photovoltaic Industry
-
Fintech PR4 days agoBybit Champions Web3 Innovation and Strengthens Ties with Asia’s Crypto Community at Taipei Blockchain Week
-
Fintech PR4 days ago2025 Will See Increased QR Code Payments but Payment Card IC ASPs Will Not Return to Pre-Covid Levels
-
Fintech PR4 days agoCKGSB Successfully Hosts 2024 MBA Professor Training Program for Western China
-
Fintech PR5 days agoH.I.G. Realty Announces Strategic Partnership with Queen Mary BioEnterprises Innovation Centre in London
-
Fintech PR4 days agoAIMA Technology Welcomes Top U.S. Dealers to Shape the Future Together
-
Fintech PR5 days agoDesigning for the future: SM’s vision through an architect’s lens
-
Fintech PR4 days agoFXGiants Online Trading Platform Launches Bonus Initiative to Reward Traders