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South Korea's strict laws on crypto exchanges come into force
20.7.2024
The new regulations issued by South Korea’s watchdog to protect user assets on crypto exchanges went into effect on July 19
Hong Kong unveils new stablecoin licensing regime
17.7.2024
The Hong Kong FSTB and HKMA outline plans for a new regulatory framework for stablecoin issuers following broad public support and stakeholder feedback
Hong Kong unveils new stablecoin licensing regime
17.7.2024
The Hong Kong FSTB and HKMA outline plans for a new regulatory framework for stablecoin issuers following broad public support and stakeholder feedback
The First Descendant: Is Caliber Worth Spending Real Money On?
16.7.2024
Free-to-play loot shooter The First Descendant takes a page out of every freemium game with multiple forms of currency—the majority of which you earn in-game and upgrade various stats, items, and characters with. But there’s one that requires real money, and that’s Caliber.Read more
Three-Quarters of Jurisdictions Partially or Not Compliant with VASP Sector Recommendation, Says FATF
13.7.2024
Three-quarters of the jurisdictions surveyed by the Financial Action Task Force (FATF) “are only partially or not compliant” with the anti-money laundering recommendation for the virtual assets sector. According to the latest FATF update, 60% (88 jurisdictions) have decided to permit...
Pudgy Penguins enables access to its virtual world with Web3 domains
10.7.2024
Pudgy Penguins and Unstoppable Domains have teamed up to allow users to access Pudgy World using .pudgy domain names
TON and Polygon team up to launch TAC, a new Ethereum L2
9.7.2024
TON and Polygon Labs say the L2 integration will bring a range of new applications, including DeFi and GameFi, to users of the TON ecosystem
Dr Disrespect Skins Removed From Abandoned Online Shooter, Players Refunded With Fake Money
8.7.2024
Free-to-play tactical shooter Rogue Company has disabled all cosmetics themed around Guy “Dr Disrespect” Beahm in the game following the streamer’s admission that he was banned from Twitch back in 2020 for having “inappropriate” conversations with a minor. Players will get refunds but only in...
Tron develops gas-free stablecoin for Ethereum and Tron chains
7.7.2024
Tron’s founder Justin Sun believes gas-free stablecoins could take corporate adoption of blockchain to a new level
Tron is building a gas-free stablecoin solution for Tron, Ethereum chains
7.7.2024
Tron’s founder Jusin Sun believes gas-free stablecoins could take corporate adoption of blockchain to a new level
Taiwan Mobile receives VASP license, entry to crypto market
5.7.2024
Taiwan’s second-largest telecom has found a way into the crypto market, bring resources and experience with it
Escape From Tarkov Puts Bounties On Cheaters, Rewards Players For Reporting Them
5.7.2024
What better way to incentivize players to help keep the community clean than by offering up a reward? Plenty of online video games have a cheater problem, but sometimes developers need players’ help to track them down. That’s what Escape From Tarkov developer Battlestate Games is doing, offering...
Nigerian SEC mandates local offices for crypto firms
4.7.2024
The requirement also states that applicants must report customer complaints and emergent risks and be subject to SEC inspections, audits, and monitoring
Meta seeks to use generative AI in its metaverse, job listing shows
3.7.2024
Meta is offering a $347,000 yearly salary for an expert to drive its AI metaverse vision, while a regulator has banned Meta from using personal data from Brazilians to train its AI
Enforcement of South Korean virtual assets law prescribed in decree
26.6.2024
The details of enforcing the Protection of Virtual Asset Users Act are not contained in the bill, which comes into force July 19
Hong Kong targets DeFi, metaverse for fintech expansion
26.6.2024
Despite challenges in the current DeFi and metaverse landscape, the reports highlight potential growth and innovation in these emerging sectors
With its powerful virtual machine, Solana is accelerating seamless Blockchain interoperability
25.6.2024
Blockchain interoperability is one of the major challenges for developers in the Web3 industry, and progress has come a long way. Solana, known as one of the most performant Blockchains of all, is at the forefront of this progress, making significant advances in the quest to deliver seamless...
DFX Labs clears Hong Kong’s AML requirement for crypto license
25.6.2024
While not yet permitted to trade, DFX Labs is deemed licensed for virtual asset services by the Securities and Futures Commission of Hong Kong
Korean Researcher Says Benefits of Spot Crypto ETFs Are Outweighed by Potential Harm
25.6.2024
A researcher with the Korean Institute of Finance has warned South Korea against introducing spot cryptocurrency exchange-traded funds (ETFs) because these may pose risks to financial stability. The introduction of spot crypto ETFs could exacerbate the inefficient allocation of resources. Spot...
Bitcoin Lightning hacker Burak introduces new layer 2 ‘Brollups’
24.6.2024
The Bitcoin developer says Brollups can support more than 90% of decentralized finance use cases, from NFT sales to token orders on DEXs