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Limiting Proof-of-Work Crypto Back on the Table as EU Parliament Prepares Virtual Currencies Vote
12.3.2022
An article restricting proof-of-work cryptocurrencies has made it back into a draft of MiCA after it was reportedly scrapped
South Korea Elects Crypto-Friendly President Who Vows to Deregulate Digital Asset Industry
11.3.2022
South Korean voters have elected a crypto-friendly president. Yoon Suk-yeol of the conservative People Power Party has vowed to deregulate the crypto industry and introduce favorable tax laws for crypto investors. “To realize the unlimited potential of the virtual asset market, we must...
Mysterious And Cryptic Virtual YouTuber Returns After Two-Year Hiatus
10.3.2022
Hatoba Tsugu has been called the “most mysterious VTuber.” She’s nothing like the other chatty and cutesy virtual YouTubers. Her sepia-bathed short clips, which have racked up over 10 million views, seem like they are clues—or cries for help. And now, after a two-year absence, she’s back. Her first...
Regulator Says UAE ‘Closer to Issuing the Regulatory and Supervisory Framework’ for VASPs
10.3.2022
The United Arab Emirates (UAE) is getting closer to issuing a regulatory and supervisory framework that will govern the country’s virtual asset industry, the Securities and Commodities Authority (SCA) has said. FATF Recommendations A UAE securities regulator, the SCA has said it is getting...
Dubai establishes virtual asset regulator and announces new crypto law
9.3.2022
The Sheikh said the regulator will have authority in Dubai's special development zones and free zones with the exception of the Dubai International Financial Centre
Virtual Beers and Digital Orgasms: Welcome to the Age of Metaverse Commerce
8.3.2022
Executives from Adidas, Budweiser, Clinique, NARS Cosmetics and other big consumer brands explain why the metaverse is “seismic” for their businesses
Pharmacy Chain CVS Files for ‘Crypto-Collectible’ and NFT Trademarks
6.3.2022
The American retail and pharmacy corporation CVS is looking to enter the metaverse according to trademark filings registered with the United States Patent and Trademark Office (USPTO). The filings mention things like CVS Health-brand “downloadable virtual goods”...
Japan Looks to Stop Sanctioned Russian Entities From Transferring Crypto Assets
6.3.2022
As financial authorities around the world continue to target sanctioned Russian entities, regulators in Japan along with the country’s crypto association are attempting to find and close gaps that may be used to circumvent sanctions. The two bodies, however, have said they are not discussing...
Making the Metaverse the key to a better future instead of a dystopian prison
5.3.2022
The digitization of humanity via AI and the metaverse is already inevitable, but will it lead us to a decentralized, better world or to a dystopian nightmare?
Study: 77% of Saudis Aware of Cryptocurrencies, Only 18% Currently Buying and Selling
3.3.2022
More than three-quarters of Saudi Arabian residents are aware of cryptocurrencies, a new Yougov survey has found. However, the study also found that only 18% of those surveyed are presently buying and selling cryptocurrencies. Easy Accessibility of Virtual Coins According to the findings of...
Auditchain Announces Mainnet Deployment of its Staking Contracts for its Pacioli Validating Nodes
3.3.2022
PRESS RELEASE. Auditchain will deploy its Pacioli validating node staking contracts to Polygon Mainnet on 7 March, 2022 as it prepares to decentralize the $600 Billion global accounting, assurance and reporting services industry. Auditchain Labs AG, (https://auditchain.finance) the developer of...
Tencent files for patent related to virtual concerts in Metaverse
3.3.2022
Chinese tech colossus Tencent has continued its foray into the metaverse after filing a patent for virtual concerts, flying in the face of warnings from Chinese banks and regulators
South African Mobile Network Operator MTN Buys Land in the Metaverse
2.3.2022
Mobile network operator MTN recently staked claim to its status as one of the first South African companies to enter the metaverse, after it purchased 144 plots of digital land in the virtual world Ubuntuland for an undisclosed amount. MTN Seeks to ‘Amplify Consumers’ Digital...
South Korea to invest $187M in national Metaverse project
28.2.2022
The government will provide $186.7 million to stimulate the growth of a Metaverse platform that it hopes businesses and industry will thrive in
Why real estate investors are going crazy over virtual lands?
26.2.2022
Virtual lands are all the rage, but why are real estate investors pouring literal millions into metaverse properties? Let’s break it down
Decentraland to Host Metaverse Fashion Week With Tommy Hilfiger, Dolce & Gabbana, Selfridges
25.2.2022
The blockchain-based virtual world Decentraland has announced the launch of a Metaverse Fashion Week that is scheduled to take place on March 24 – 27, 2022. According to the announcement, a large number of well-known fashion brands such as Dolce & Gabbana, Selfridges, Tommy Hilfiger...
Popular Virtual YouTuber's Contract Terminated For Allegedly Leaking Private Info
25.2.2022
VTuber (Virtual YouTuber) agency Hololive Production has nixed its agreement with popular virtual streamer Uruha Rushia for allegedly violating her contract and leaking private information.Read more
Monster Energy files NFT and metaverse trademark applications
24.2.2022
The beverage maker has filed a total of four trademarks with the United States Patent and Trademark Office
China's Supreme Court adds digital currency to list of illegal fundraising methods
24.2.2022
The new policy change aims to mitigate risks arising from digital currency fundraising and the absorption of funds from the public
VAF Compliance Is a Forensic Service Provider That Can Help You Pass KYC/AML for Crypto Banking
23.2.2022
At VAF Compliance a team of experts is ready to help with all of your virtual assets compliance needs. Connect with VAF today; the leading virtual assets compliance company serving the Middle East and customers worldwide. What Is VAF Compliance? The crypto, NFT and metaverse spaces are hot...