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UAE Government Unveils White Paper Focused on Metaverse Regulation
The United Arab Emirates government recently announced the unveiling of a white paper which underscores the potential of the metaverse but also the areas “where the global community must strengthen its preparedness.”
Globally…
Ferrari Starts Accepting Crypto Payments for Luxury Sports Cars
Ferrari has reportedly begun accepting payment in cryptocurrency. The Italian luxury sports car manufacturer cited requests from both the market and dealers as the primary motivation for this decision. “This will help us connect to…
G20 Calls for ‘Swift and Coordinated Implementation’ of IMF Crypto Roadmap
The G20 finance ministers and central bank governors have adopted the roadmap on crypto assets proposed by the International Monetary Fund (IMF) and the Financial Stability Board (FSB). “We call for swift and coordinated…
JPMorgan CEO Warns of ‘Most Dangerous Time the World Has Seen in Decades’
JPMorgan Chase CEO Jamie Dimon has warned of “the most dangerous time the world has seen in decades.” The executive explained that “the war in Ukraine compounded by last week’s attacks on Israel may have far-reaching impacts on energy…
Ripple’s Legal Chief Calls for ‘Rational’ Crypto Regulation — Urges US to Stop Elevating Politics…
Ripple’s chief legal officer says the U.S. needs to ”stop elevating politics over sound policy.” Noting that countries and regions outside of the U.S., such as Singapore, the U.K., the EU, and Japan, welcome crypto…
US Mulls Tighter Restrictions on AI Chip Shipments to Chinese Firms, Report
The government in Washington is reportedly considering further limiting China’s access to U.S. processors used in artificial intelligence (AI) applications. The current restrictions, which were introduced last year, allow Chinese companies…
Blockfi CEO Blames FTX and Alameda Collapse for Firm’s Bankruptcy
Blockfi CEO Zac Prince testified Friday that the downfall of FTX contributed to his company’s bankruptcy. Prince appeared as a government witness in the fraud trial of former FTX boss Sam Bankman-Fried (SBF).
Blockfi’s Prince:…
Blockchain Gaming Holds Strong in Q3, Amid Evolving Crypto Landscape
The blockchain gaming sector maintained its influential position in the third quarter of 2023 despite some decreases in momentum, according to Dappradar’s recent report. Although metrics such as unique active wallets and transactions…
FTX Estate Stakes 5.5 Million SOL; Millions Locked Until 2028
Blockchain records have shed light on a development involving the trustees of the now-defunct exchange FTX, who are overseeing its bankruptcy proceedings. They have committed 5.5 million solana (SOL) for staking. Meanwhile, the current…
Deadline for SEC Appeal Against Grayscale’s Spot Bitcoin ETF Ruling Expires
The U.S. securities regulator has apparently missed a deadline to appeal a court ruling against its rejection of Grayscale’s spot bitcoin ETF application. Media reports, quoting sources familiar with the matter, unveiled ahead of the…