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Fuse and DIA Team Up to Introduce Oracles to the Ecosystem
22.2.2022
According to a press note, the deployment of DIA’s Oracles infrastructure is complete with the Fuse Network blockchain. The open-access database of the integrated blockchain allows users to exchange information without the intervention of a centralized network. This sets the path for creating...
Russian Social Media Network Vkontakte to Introduce NFT Support
21.2.2022
Russia’s largest social media network, Vkontakte, has announced it’s going to introduce support for blockchain and NFTs. The crypto technologies will be incorporated into the platform’s scheme for monetization of user content and copyright protection. Vkontakte to Facilitate...
Wyoming lawmakers introduce legislation for state-issued stablecoin
18.2.2022
Avanti Financial CEO Caitlin Long said the bill had its own pros and cons, but it was “definitely a conversation-starter” for lawmakers exploring stablecoins
US Lawmakers Introduce Bill to Mitigate Risks From El Salvador Adopting Bitcoin as Legal Tender
18.2.2022
Several U.S. lawmakers have introduced a bill to mitigate the risks from El Salvador adopting bitcoin as legal tender. “El Salvador recognizing bitcoin as official currency opens the door for money laundering cartels and undermines U.S. interests,” said a U.S. senator. US Concerned...
Animoca Brands and PMG Introduce Chess Into the Metaverse
17.2.2022
Animoca Brands will offer Play Magnus Group’s Meltwater Champions Chess Tour to the metaverse. PMG will create Champions Chess Tour experiences in The Sandbox, a major virtual environment for decentralized gaming, and another Animoca Brands subsidiary. Lympo will make and distribute...
Animoca Brands and Brinc Introduce Guild Accelerator Program
16.2.2022
The new Guild Accelerator Program(GAP) will select, work, mentor, and provide up to $500K in seed capital for each startup accepted into the program. Animoca Brands and Brinc fosters a broad network of experts, mentors, and supporters such as Brendan Wong. He is the founder of Avocado Guild. Then...
Sandbox Joins Ubisoft to Introduce Rabbids to the Metaverse
10.2.2022
Creators and players can use The Sandbox’s free VoxEdit and Game Maker authoring tools to include voxel characters and stuff into their own adventures. Ubisoft authorities mentioned that they are ecstatic to introduce the Rabbids to The Sandbox community and also provide gamers the ability...
Russian Government Approves Plan to Regulate Cryptocurrency
9.2.2022
The federal government in Moscow has adopted a concept for regulating the Russian crypto space as early as this month. The new framework is expected to place cryptocurrency flows under state oversight, introduce strict obligations for market participants, and ensure investor protection. Russian...
US Lawmakers Introduce ‘Virtual Currency Tax Fairness Act’ to Boost Cryptocurrency Use for Payments
6.2.2022
Several U.S. lawmakers have introduced the Virtual Currency Tax Fairness Act to strengthen “the legitimacy of cryptocurrency in our digital economy.” The bill also aims to expand the use of cryptocurrencies for payments. Virtual Currency Tax Fairness Act Introduced in the...
60,000 Indians Petition Government to Lower Crypto Tax to Avoid ‘Devastating Impact’
4.2.2022
Many Indians have signed a petition for the government to introduce reasonable crypto tax policies. This week, India’s finance minister, Nirmala Sitharaman, proposed taxing crypto income at 30%. Indians Sign Petition Urging Government to Rethink Crypto Tax Proposal A petition has been...
RBI to Introduce Digital Rupee (CBDC) Using Blockchain in Fy 2022-23
1.2.2022
Union Budget 2022 – While presenting the 2022 Union Budget, FM Nirmala Sitharaman made the most significant announcement – introducing the New Digital Currency, Digital Rupee, that will boost India’s digital economy, starting in 2022. Earlier today, in the Union Budget speech, Finance...
India to introduce 30% crypto tax, digital rupee CBDC by 2022-23
1.2.2022
Finance minister Nirmala Sitharaman believes the introduction of a CBDC will provide a “big boost” to India's digital economy
Hong Kong begins discussions to introduce stablecoin regulatory framework
15.1.2022
The Hong Kong Monetary Authority shared a list of eight questions to seek policy-related recommendations citing five possible regulatory outcomes — no action, opt-in regime, risk-based regime, catch-all regime and blanket ban
Kingdom Karnage Raises $2M From Animoca Brands, Enjin and DFG to Boost GameFi Features
14.1.2022
PRESS RELEASE. United Kingdom — January 13th, 2022 – Kepithor Studios has announced a set of innovative new GameFi mechanics coming to its turn-based NFT battle game, Kingdom Karnage. The game will introduce new play-to-earn opportunities for its players, powered by its upcoming...
Komodo to introduce 12 blockchain protocols in the next version of AtomicDEX
12.1.2022
The AtomicDEX API claims to be compatible with 99% of cryptocurrencies in existence
Sega will likely not introduce NFTs for play-to-earn if 'perceived as simple money-making'
6.1.2022
The company previously announced plans to expand into NFTs through a partnership with Japanese game developer double jump.tokyo
El Salvador Drafts 20 Bills for Legal Structure of Bitcoin Bonds — Funds to Be Used to Build Bitcoin City, Buy BTC
6.1.2022
El Salvador is preparing to introduce 20 bills to provide a legal framework for its upcoming bitcoin bonds. The funds raised will be used to build infrastructure for Bitcoin City and buy more bitcoin, the Salvadoran government explained. El Salvador Drafting Legal Framework for Bitcoin Bonds...
Estonia Clarifies Upcoming Regulations, Will Not Ban Crypto Holding or Trading
4.1.2022
The government of Estonia has approved legislation tailored to improve oversight of its crypto sector which expanded rapidly due to favorable regulations and business climate. The new law, which is yet to be adopted, will introduce stricter requirements for service providers without preventing...
Pro-Bitcoin Senator to Introduce Comprehensive Crypto Bill in US
25.12.2021
The pro-bitcoin U.S. Senator Cynthia Lummis has reportedly unveiled her plan to introduce a comprehensive crypto bill that will cover everything from how cryptocurrencies are taxed and categorized to consumer protections. The bill will also propose creating a new entity to oversee the digital asset...
US lawmaker planning to introduce comprehensive crypto bill in 2022: report
23.12.2021
Cynthia Lummis’ proposed bill reportedly aims to provide regulatory clarity on stablecoins, guide regulators around asset classes, and offer consumer protections