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Study: Today’s Metaverse Still Not Suited for Remote Work


A study released earlier this month has found that working in the metaverse with the tools available today might decrease the productivity of employees, and also increase their frustration and anxiety related to remote work. 11% of the participants in the study felt so much discomfort that they...

Colombian Financial Superintendence Prepares Norms for Crypto Transactions


The Colombian Financial Superintendence, the securities and financial watchdog of the country, is working on a document to regulate the transactions and operations made using cryptocurrency assets in the country. The organization announced that it will present the document in the coming weeks...

Study Finds Working In VR Isn’t Very Pleasant Or Productive


All the rich Zuckerbergs and like-minded tech bros of the world are convinced that the future is all of us living, loving, and working in a virtual reality “metaverse.” But a new study’s findings suggest that working in virtual reality will not actually increase a worker’s productivity, comfort,...

Russia Developing Sandbox for Cross-border Crypto Payments


An institute facilitating Russian exports is now working on the establishment of a sandbox for international crypto payments, local media reported. The goal is to identify potential regulatory and technological challenges for settlements with digital assets. Russia Prepares to Test Crypto Payments...

Mastercard to Implement Payments for NFT and Web3 Projects


Payments giant Mastercard has announced it is working to bring direct payment support for a number of NFT and Web3 platforms with its cards. According to the company, this will enable more customers to enter the industry as the barrier to acquiring such digital goods is lowered via more flexible...

CFTC Chairman Confirms Bitcoin, Ether Are Commodities


The chairman of the U.S. Commodity Futures Trading Commission (CFTC) says he is certain bitcoin and ether are commodities. He outlined how his agency is working with the U.S. Securities and Exchange Commission (SEC) to regulate the crypto sector, noting that “there are no customer...

Portugal to Tax Cryptocurrency Income According to Minister of Finance


Portugal, one of the countries considered a crypto tax haven due to its absence of crypto-related taxation, is preparing to change this policy. Fernando Medina, minister of finance of Portugal, stated that the country is working on a framework to allow the taxation of cryptocurrency income gains...

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