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Russian Parliament to Review Bill Prohibiting Crypto Payments


Legislation making it illegal to pay with cryptocurrencies has been filed with the State Duma, the lower house of Russia’s parliament. The sponsors of the bill want to task crypto platforms to prevent transactions that could facilitate payments with digital assets. Draft Law Banning Use...

Blockchain.com Plans to Provide an NFT Domain Name to 83 Million Wallet Users


Blockchain.com has announced it has partnered with the Web3 digital identity platform and NFT domain name provider Unstoppable Domains in order to launch .blockchain NFT domains. The company says that in the next few weeks, 83 million Blockchain.com wallet users will get a free .blockchain domain....

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...

South Korea to Invest $177 Million Directly in Metaverse Platforms


The government of South Korea has announced it will start investing in metaverse projects directly. More than $177 million dollars will be invested to kickstart national jobs and companies in this field, according to statements made by Lim Hyesook, minister of science and information...

AAVE, Compound, & Mountanaz: Crypto Lending Platforms in 2022!


For many people, this is the first time seeing that it is possible to lend and borrow on DeFi. We have truly transitioned into a world where intermediaries & central authorities can be removed from financial transactions; now, the power is in our hands. The lending and borrowing process...

Russia’s First Digital Financial Assets Expected This Year, Lawmaker Says


The first digital financial assets based on Russian blockchains may be issued as early as this year, a high-ranking parliamentarian announced. Three platforms are already registered as issuers, said Anatoly Aksakov, who chairs the Financial Market Committee at the State Duma, the lower house...

Nigerian SEC Announces New Rules Governing Issuance of Digital Assets


The Nigerian securities regulator has announced new rules that govern the issuing of digital assets. The new rules also include registration requirements for platforms that offer digital assets. Initial Assessment Filing The Nigerian Securities and Exchange Commission (SEC) has announced new rules...

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