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Nintendo Announces 10 Percent Pay Raise For Devs Despite Lower Profits
7.2.2023
Nintendo announced a 20 percent Switch sales drop in its latest financial report, but still plans to institute a 10 percent pay raise, the company told investors Tuesday. While it’s unclear if that hike will trickle down to temporary contractors at the Mario maker’s North American headquarters...
UK Crypto Rules Set a Modest Post-Brexit Divergence From the European Union
3.2.2023
The industry is keenly watching divergences from Brussels in areas like stablecoins, lending and bitcoin disclosures
Crypto goes without any mention in the 2023 Union Budget
2.2.2023
Several announcements made during the presentation of the 2023 Union Budget are being debated over the internet. One of them is the kind of relief that the Indian crypto industry was expecting but did not get. A boost to the 5G network, artificial intelligence, and green hydrogen made a lot...
India Highlights Need for ‘Common Approach to Regulating Crypto Ecosystem’
1.2.2023
India’s Finance Ministry has highlighted the necessity for “a common approach to regulating the crypto ecosystem” in its flagship Economic Survey this year. “Crypto assets are self-referential instruments and do not strictly pass the test of being a financial asset because...
Opinion: Should Bored Ape buyers be legally entitled to refunds?
30.1.2023
It isn’t clear whether a 25-year-old European Union law means you should be allowed to get an unlimited number of refunds on your NFTs
Guy Gets Saved From Being Fired Over Gaming On The Job In The Best Way
26.1.2023
The union-oriented Twitter account Daily Union Elections asked the world in a recent tweet, “Union folks, what is the best grievance/[Unfair Labor Practice] that you’ve ever won?” And the world responded in kind. As a proud union girl myself, I thought a few stories stood out, but one came up above...
‘Prohibitive’ Capital Rules for Banks Holding Crypto Win Support in EU Parliament
26.1.2023
Lawmakers in the European Union have backed legislation imposing new capital requirements for financial institutions, including strict rules meant to cover crypto-related risks. The latter concern banks keeping digital assets and are expected to enter into force in January, 2025. EU Legislators...
MiCA at the Door: How European Crypto Firms Are Getting Ready for Sweeping Legislation
24.1.2023
Adapting how crypto exchanges operate under the new regulation won’t be easy, but it might make it easier for them to get bank accounts in Europe, says Anna Baydakova
EU lawmakers vote for more restrictive capital requirements on banks holding crypto
24.1.2023
Banks could be required to hold a “risk-weighted exposure amount” of up to 1,250% of capital based on exposure to crypto if the full parliament passes the measures
Blizzard Boston Devs Blame Boss For Torpedoing Union
24.1.2023
Workers at Proletariat Studio, also known as Blizzard Boston, won’t be unionizing after all. The Communications Workers of America Union announced on Tuesday that it will pull its petition for a union election, and blames Proletariat CEO Seth Sivak for treating workers’ organizing efforts as...
Kenyan Fintech Kwara Raises $3 Million in Seed Extension
22.1.2023
A Kenyan fintech that digitizes credit unions, Kwara, is reported to have raised $3 million via a seed extension round that was backed by DOB Equity, Globivest, and Willard Ahdritz. The latest round brings to $7 million the amount of capital that the fintech has now raised via this funding round....
The Last Of Us’ Original Co-Director Unhappy Over HBO Show Credits Snub
19.1.2023
Bruce Straley hasn’t been at Naughty Dog for six years, but the game director behind the original PlayStation 3 version of The Last of Us isn’t happy about his lack of credit in the HBO adaptation that began airing this week.Read more
‘No Point’ to European Union's Crypto Rules Unless World Follows Suit, Official Says
19.1.2023
FTX's collapse may have added fuel for those seeking stricter crypto rules, but even the good guys may get it wrong, financial services commissioner Mairead McGuinness told CoinDesk
EU postpones final vote on MiCA for the second time in two months
18.1.2023
The final vote was delayed due to issues in the translation of the 400-page legal document
European Union Postpones MiCA Vote to April
17.1.2023
The European Union’s landmark new legislation, the Markets in Crypto Assets Regulation (MiCA), has been delayed due to technical reasons
Cross-border crypto scammers on the hit list for EU agencies
16.1.2023
Europol and Eurojust, two EU agencies for law enforcement cooperation, joined authorities from Bulgaria, Cyprus, Germany and Serbia to investigate online investment fraud since June 2022
Huobi and Solaris crypto-to-fiat debit card launches in the EU
13.1.2023
The Visa-backed debit card will allow Huobi users in the European Economic Area (EEA) to pay from their crypto accounts at point of sale stations globally
French central bank governor pushes for crypto licensing ahead of EU laws
6.1.2023
The Bank of France’s head said turmoil in the crypto markets proves the need to move to a mandatory licensing scheme for crypto firms "as soon as possible."
Crypto regulation world: How laws for digital assets changed in 2022
4.1.2023
While regulations were once seen as hurdles to crypto adoption, they are now perceived as the fastest way to attain global mainstream adoption
Nigerian Crypto Exchange Roqqu Gets European Union Virtual Currency License
4.1.2023
The Nigerian crypto exchange Roqqu recently announced that it obtained a virtual currency license that allows it to offer its services in 28 European countries. According to Israel Ololade, the head of product at Roqqu, the European Union license “aligns with the brand’s drive to become...