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Taiwan establishes association to help crypto firms self regulate
13.6.2024
The association was formed after the country’s Justice Ministry proposed AML amendments for crypto firms that could result in penalties, including up to two years in prison
Tokenizing music catalogs: The next frontier for Web3 and the music industry
13.6.2024
At the Proof of Talk 2024 conference in Paris, Serio Mottola, the CEO of Music Protocol, advocated for integrating blockchain technology into the already established billion-dollar music industry
McDonald’s metaverse in Singapore, South Korea classifies NFTs as virtual assets: Nifty Newsletter
12.6.2024
NFT sales surge volumes across various platforms and blockchains, with Bitcoin-based digital collectibles leading the charge
Ripple Adds Ethereum Virtual Machine Compatibility to XRP Ledger
12.6.2024
The XRP Ledger (XRPL) will now be compatible with the Ethereum Virtual Machine (EVM) thanks to the launch of the XRPL EVM Sidechain by the Ripple team. This new product will enable EVM compatibility and unlock opportunities for decentralized finance (DeFi) and real-world asset tokenization (RWA)...
Ripple Introduces XRPL EVM Sidechain: Bringing Ethereum Virtual Machine Compatibility to XRP Ledger
12.6.2024
Ripple has announced the development of a new product, the XRPL EVM Sidechain, which will bring Ethereum Virtual Machine (EVM) compatibility to the XRP Ledger (XRPL). This move is expected to unlock new opportunities in decentralized finance (defi) and real-world asset (RWA) tokenization....
Zimbabwe consults crypto firms on virtual asset regulation needs
12.6.2024
The Zimbabwean government hopes to create a regulatory structure tailored to country’s specific needs and conditions
DeFi Technologies launches Core chain validator, stakes 1,498 Bitcoin
11.6.2024
In May, the partners launched the first yield-bearing BTC ETP in Scandinavia
Crypto Exchange Crypto.com Secures Spot on Ireland's Virtual Assets Service Provider Register
11.6.2024
The company has also received approval in Dubai, U.K., the Netherlands and Spain
South Korean Regulator Excludes Certain NFTs From Crypto Regulations
11.6.2024
South Korea’s top financial regulator has issued guidelines clarifying when non-fungible tokens (NFTs) are considered virtual assets. This distinction aims to minimize the risk of widespread user harm. The guidelines will be part of the Virtual Asset User Protection Act, effective July...
South Korea enacts Virtual Asset User Protection Law, issues NFT guidelines
10.6.2024
South Korea is making significant strides in regulating the rapidly evolving cryptocurrency landscape with the implementation of the Virtual Asset User Protection Law. This landmark legislation, now in effect, aims to safeguard users and ensure the integrity of the virtual asset market. Alongside...
South Korea labels mass-produced NFTs as virtual assets
10.6.2024
NFTs considered as virtual assets are eligible to receive interest when deposited to exchanges according to the FSC’s guidelines published in 2023
US Authority Seizes 70 Crypto Scam Sites Targeting Russian Community
7.6.2024
The Brooklyn District Attorney’s Office has seized 70 domains used to scam the Russian community. The scam involved deceptive Facebook ads featuring a deepfake of Tesla CEO Elon Musk. Over 20 Brooklyn residents and additional victims nationwide lost a total of $5 million. 70 Crypto Scam...
Zilliqa 2.0 upgrade enhances speed and cross-chain compatibility
7.6.2024
Block times can also be adjusted as desired. The root mainnet shard features an average block time of just 2 seconds
30 Years Later, Tamagotchi Player Discovers In-Game Secret
7.6.2024
Remember Tamagotchi, the virtual pets who lived in an egg-shaped device you could clip to your keyring that dominated elementary schools in the ‘90s? You’d have to feed and care for them regularly throughout the day, and they’d suffer if you left them for too long. It was a nightmare for teachers...
McDonald’s metaverse debuts in Singapore
6.6.2024
McDonald’s Singapore launches the ‘My Happy Place’ metaverse, letting locals build virtual burgers, play multiplayer games, and earn rewards
Argentina Officially Launches Virtual Assets Service Providers Registry
5.6.2024
The Argentine securities watchdog (CNV) announced the official launch of Argentina’s Virtual Assets Service Provider (VASP) Registry, allowing almost 100 companies and individuals to apply to be authorized to offer digital assets linked services in the country. The registry will remain open...
Google and Magic Leap partner up to make metaverse goggles despite past flops
1.6.2024
It’s unclear why the two companies have partnered up, but the scheme comes amid Apple’s push to dominate the “spatial computing” market
OpenAI stopped 5 campaigns that used its tech for ‘deceptive influence’
31.5.2024
The AI firm has terminated accounts linked to several alleged foreign covert influence operations
7 Things We Just Learned About Sony’s Big PlayStation 5 Plans
30.5.2024
Sony recently held a business briefing for investors where it painted an incredibly rosy picture around the PlayStation 5 and its future outlook. Despite recent layoffs and failing to reach its sales goals for 2023, the company seems confident that the console’s best days are still ahead. Read more
New York sets customer service standards for virtual currency entities
30.5.2024
The BitLicense just got a little tougher with new mandatory standards for treating customers right