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Japanese prime minister says gov't investment in digital transformation will include Metaverse, NFTs
3.10.2022
According to Fumio Kishida, the government of Japan's investment in digital transformation included issuing NFTs to local authorities using digital solutions
Meta Launches Digital Collectibles Across Facebook and Instagram
3.10.2022
Meta has finally made a strong move on its announcement for digital collectibles, first published on May 10, 2022. The platform has taken digital collectibles live across Facebook and Instagram. Creators and artists can now share their digital art pieces with users on digital platforms. Users will...
Bank of Russia Adds Digital Assets to Banking Chart of Accounts
3.10.2022
Central Bank of Russia has introduced digital assets, including the digital version of the Russian ruble, to the recently published draft of the new banking chart of accounts. In the future, financial institutions will be able to provide data about operations with these assets. Russian Banks...
9 Out of the Top 12 Crypto Assets Are Down 70% to 90% Lower Than the All-Time Highs Recorded Last Year
2.10.2022
274 days or roughly nine months ago, the crypto economy was worth $2.34 trillion and at $967 billion the aggregate value of all 13,192 crypto assets is $1.48 trillion less. Most of the top digital currencies tapped an all-time price high in November 2021 and today, a great majority of the...
Report: CME Group to Face off With FTX After Filing for Futures Commission Merchant Status
2.10.2022
According to a recent report, the world’s largest derivatives exchange CME Group is looking to register as a direct futures commission merchant (FCM). CME Group’s decision follows the digital currency exchange FTX, as the crypto company applied to become a derivative clearing...
The Post-Terra Era: Incentivising Innovation and Longevity Through Regulation
2.10.2022
Vincent Chok is the CEO of First Digital Trust, a Hong Kong-based technology-driven financial institution powering the digital asset industry and servicing financial technology innovators including blockchain clients, payments companies, and virtual banks.__________...
Read More: The Post-Terra...
US Tennis Player Serena Williams’ VC Firm Leads Ugandan Fintech’s $12.3 Million Pre-Series A Funding Round
2.10.2022
The Uganda-based digital lending fintech startup, Numida, has said it will start offering its services to micro, small, and medium-sized enterprises in other African countries. Numida’s plans to offer its services to businesses beyond Uganda’s borders came shortly after it...
Uzbekistan Introduces Monthly Fees for Cryptocurrency Companies
2.10.2022
Crypto firms in Uzbekistan will have to pay fees to the state under new legislation proposed by regulators. The charges vary depending on the business activity and can reach $11,000 a month in the case of digital asset exchanges. Failure to pay will result in license suspension. Crypto Operators...
US Senator Introduces ‘No Digital Dollar Act’ to Prohibit Treasury and the Fed From Interfering With Americans Using Paper Currency
2.10.2022
A U.S senator has introduced the “No Digital Dollar Act to prohibit the U.S. Treasury and the Federal Reserve from interfering with Americans using paper currency” if a central bank digital currency is adopted. The bill further states: “No central bank digital currency shall...
Bill Aims to Limit Crypto Mining in Kazakhstan Only to Registered Companies
1.10.2022
New legislation proposed in the parliament of Kazakhstan will allow only authorized miners to mint digital currency, if adopted. The draft has been designed to comprehensively regulate the industry and reduce what its sponsors label as uncontrolled consumption of electricity in the sector....
Spanish Soccer League Laliga Partners With Globant to Support New Web3 and Metaverse Initiatives
1.10.2022
Laliga, the premier soccer league organization in Spain, has announced a partnership with Globant, an Argentine software giant, to bring Web3 and metaverse experiences to its fans. The partnership will combine Globant’s tech resources with Laliga’s tech division in order to build...
US senator bill seeks to cushion crypto exchanges from SEC enforcement actions
1.10.2022
The Digital Trading Clarity Act of 2022 aims to provide regulatory clarity around classifying digital assets and related liabilities under existing securities laws
Data Firm Inca Digital CEO: Crypto Innovation Is a Matter of National Security
30.9.2022
Adam Zarazinski, CEO of Inca Digital, joined “First Mover” to discuss the software company’s partnership with DARPA and the need to keep crypto innovation in the U.S
A Recent SEC Filing Shows the World’s Largest Asset Manager Blackrock Plans to Launch a Metaverse ETF
30.9.2022
According to a recent filing, Blackrock, the multi-national investment company based in New York City and the world’s largest asset manager, has plans to create a new exchange-traded fund (ETF) based on metaverse companies. The fund — dubbed the Ishares Future Metaverse Tech...
Crypto Biz: The Voyager Digital auction is over. What now?
30.9.2022
FTX US was the successful bidder in the Voyager auction. But, one industry insider tells Cointelegraph that the deal didn't have depositors' best interest in mind
Researchers allege Bitcoin's climate impact closer to 'digital crude' than gold
30.9.2022
Bitcoin mining raises a “set of red flags for any consideration as a sustainable sector,” according to researchers
BlackRock’s newest ETF invests in 35 blockchain-related companies
30.9.2022
“We believe digital assets and blockchain technologies are going to become increasingly relevant for our clients,” said BlackRock ETF product strategist Omar Moufti
Bittrex, Merkle Science, Bitgo Join Crypto Market Integrity Coalition
30.9.2022
Following the introduction of the Crypto Market Integrity Coalition (CMIC) with 17 member firms last February, the organization has added eight new members. New coalition recruits include Bittrex, Merkle Science, Crystal Blockchain and Bitgo. 8 Crypto Market Firms Join Crypto Market Integrity...
ECB reports on digital euro validation, privacy one year into investigative phase
29.9.2022
The ECB’s two-year investigative phase is halfway completed, with key use and policy issues clarified; more stakeholder engagement is planned before the decision is made to proceed
China, Hong Kong, Thailand, and UAE Trial Cross-Border Transactions With Digital Currencies
29.9.2022
The monetary authorities of four jurisdictions in Asia have carried out tests with international settlements using state-issued digital currencies. Cross-border payments and foreign exchange transactions totaling over $22 million were made as part of the pilot project with the participation of...