Hokazu Matsuno, Japan's Chief Cabinet Secretary, announced that the government will introduce legislation to revise existing laws on the subject. The country announced plans to amend its Foreign Exchange and Foreign Trade Act, which will result in stiffer regulations...
According to Deutsche Bank, Instagram's involvement in Non-Fungible Tokens can help accelerate the widespread adoption of NFTs due to the social media platform's enormous user base. The bank stated in a research report released on Sunday that the market...
Meta Inc., the parent company of Facebook, has filed eight trademark applications covering various facets of the blockchain ecosystem such as metaverse and crypto services. According to a trademark attorney, Mike Kondoudis, the applications include blockchain software, crypto tokens,...
The Ministry of Digital Transformation of Ukraine is preparing to launch a blockchain-based chronicle of the Russian invasion of Ukraine named MetaHistory NFT Museum. The museum will display Non-Fungible Tokens (NFTs) in the form of digital art combined with...
On 24 March 2022, the Financial Policy Committee (FPC) of the U.K.'s central bank, the Bank of England (BoE), published a document titled: “Financial Stability in Focus: Cryptoassets and decentralised finance”. In it, the BoE sets out its views...
The United States Senate is set to deliberate on a bill that examines the ramifications of El Salvador's decision to adopt Bitcoin as legal tender. This bill has infuriated some crypto enthusiasts, including El Salvador's president, Nayib Bukele. The...
Thailand has recently joined the list of countries that have enacted legislation governing the use of cryptocurrencies. The Thailand Securities and Exchange Commission (SEC) has prohibited the use of cryptocurrencies in the country, with payments being one of the...
On March 22, the Advertising Standards Authority (ASA) of the United Kingdom issued an enforcement notice to over 50 firms that market cryptocurrency services. The enforcement notice directed the firms to review their adverts and ensure compliance with new...
According to Bloomberg, the Malaysian government is considering making Bitcoin legal tender. This is in a bid to encourage more people to utilize cryptocurrencies because of the benefits they provide. According to the report, Malaysia's Communication Ministry has advised...
Matheus Nicolau, an Ultimate Fighting Championship (UFC) fighter has joined the league of notable athletes that have decided to receive their winnings or benefits in Bitcoin. The flyweight fighter has started receiving his earnings in Bitcoin (BTC) through Bitwage,...
