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Court in China Recognizes NFTs as Virtual Property Protected by Law


A court in the Chinese city of Hangzhou has determined that non-fungible tokens, or NFTs, represent virtual property protected by the laws in the People’s Republic. The ruling comes from a case over a dispute between a customer and a platform hired to sell a collection of tokens. Hangzhou Internet...

RBB LAB Uses NFT to Serve Alberto De Luigi and Andreas Kohl Summons


PRESS RELEASE. San Marino, Dec 5, 2022 — RBB Lab, a technology development firm based in the Republic of San Marino, has used NFT (Non-Fungible Token) technology to issue court summonses for the case against Alberto De Luigi, Andreas Kohl, both former collaborators of the firm, and their company...

Ubisoft Chief Creative Officer Departing After Only One Year


Ubisoft’s chief creative officer, Igor Manceau, will step down next month after only a year in that position at the troubled Assassin’s Creed publisher, the company announced internally on Thursday. According to a message to staff from CEO Yves Guillemot, the move comes as part of a larger change...

Hong Kong to Start Testing Digital Currency in Coming Months


China’s special administrative region of Hong Kong is going to trial а digital version of its dollar as early as this year, in preparation for eventual roll-out. The territory is trying to catch up with those that are already launching central bank digital currencies, including...

KuCoin Labs Co-Incubates BidShop.io With Republic Capital


KuCoin Labs has further expanded the NFT ecosystem for good by incubating BidShop.io along with Republic Capital. The start-up, BidShop.io, brings in the factor of creating liquidity streams for the holders of non-fungible tokens. The function of gamifying the NFT sphere is its unique selling point...

Russian Caught Mining Crypto in Covid-19 Clinic


An IT specialist working for a medical institution in Russia’s Altai Republic has been detained for illegally mining cryptocurrency at the premises of a Covid-19 hospital. The man minted digital currencies using stolen electricity for almost a year before law enforcement busted his crypto...

Crypto Trading, Investing Illegal in Iran, Central Bank Governor Reiterates


It is illegal to buy or sell cryptocurrency in Iran, the head of the country’s monetary authority has recently reminded citizens and businesses. The governor noted, however, that mining cryptocurrencies and using them in payments for imports is not against the law in the Islamic Republic....

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