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PRIZM Group & Bruce Lee Group Revive Bruce Lee’s Metaverse Home


Revival of the Memory: Bruce Lee’s Metaverse Home will be co-hosted by PRIZM Group and Bruce Lee Club, according to a recent announcement. The project will be commemorated on the 49th anniversary of the famed martial artist’s passing. The ventures are honoring the legacy of Bruce Lee...

Police in Kazakhstan Arrest Gang Forcing IT Specialists to Run Crypto Farms


Law enforcement in Kazakhstan detained members of a crime group suspected of forcing IT experts into operating underground facilities for cryptocurrency mining with threats and blackmail. The racketeers allegedly made up to half a million U.S. dollars a month from their business. Kazakhstan Busts...

UK Parliamentary Group Seeks Views of Crypto Industry Players


A parliamentary group in the United Kingdom, the Crypto and Digital Assets All Party Parliamentary Group (APPG), recently said it had launched an inquiry that will examine the country’s present approach to crypto and digital asset regulation. In addition to gathering information via evidence...

Match Group Puts Crypto, Metaverse Plans for Tinder on Hold


Online dating giant Match Group is unhappy with one of its leading brands, Tinder, so it's putting its earlier plans to have the service adopt cryptocurrencies and venture into metaverse-based dating on hold. ... Read More: Match Group Puts Crypto, Metaverse Plans for Tinder on Hold

US, UK Regulators Partner on Broader Crypto Regulation


Regulators in the U.S. and U.K. have met to discuss broader crypto regulatory initiatives. They reaffirmed their commitment to “continued cooperation to support safe financial innovation, as well as to strengthen regulatory outcomes for stablecoins across jurisdictions.” US and...

ECB Economists Suggest Limiting Access to Digital Euro to Protect Banks


A group of economists evaluating the potential effects of a digital euro have insisted that restricting access to the upcoming currency is necessary to preserve the current financial system. Their study follows an earlier proposal to limit digital euro deposits at the European Central Bank (ECB)...

Report: Terror Groups Using South African Financial System to Move Funds


Sympathizers of the terror group, the Islamic State (IS) are allegedly using South Africa’s financial system to channel funds to the group’s affiliates and networks in Africa. The United States government has so far sanctioned four South Africa-based individuals it accused...

Russia Gears Up to Regulate NFTs Through Legislative Amendments


Authorities in Russia are preparing a number of changes to existing laws in order to adopt rules for the country’s market for non-fungible tokens, or NFTs. A working group has discussed the matter and proposed solutions to legally define and regulate transactions with the digital...

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