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Indian Commerce Giant Flipkart Will Allow Customers to Purchase Items in the Metaverse
18.10.2022
Flipkart, the Walmart-backed Indian e-commerce giant, has launched a pilot to allow its customers to experience making purchases in a metaverse environment. The company announced the launch of its own metaverse, called Flipverse, in which several brands will be able to offer their own shopping...
GameStop Employees Say They Have To Sell All Sorts Of Random Weird Junk Now
17.10.2022
Not everyone was happy with GameStop’s transition into a toy store, but there was at least some crossover between toys and gaming. Until now. New inventory just came in for GameStop employees, and some of the stock they’re getting aren’t even toys. Read more
Bankman-Fried '100%' supports knowledge tests for retail derivatives traders
17.10.2022
The FTX founder said a knowledge test for derivative retail customers “could make sense” but it doesn’t need to be specific to crypto
CFTC Commissioner to Pitch Retail Investor Definition to Get Set for Crypto
14.10.2022
The Commodity Futures Trading Commission (CFTC) needs to redefine how it sets rules for retail investors now that the agency seems likely to take on oversight of spot crypto trading, said Commissioner Christy Goldsmith Romero. She intends to propose a new retail investor definition, she said Friday...
Canadian central bank identifies retail CBDC archetypes in theory-heavy analysis
6.10.2022
An analyst at the Bank of Canada has written a paper that identifies recurring patterns in CBDC models and how those patterns impact a list of performance criteria
Bitwise launches Web3 ETF for institutional and retail investors
5.10.2022
The ETF tracks the Bitwise Web3 Equities Index, with over 85% exposure to companies in Web3
NFT Collection Veefriends Physical Collectibles to Debut at Macy’s and Toys’R’Us
5.10.2022
In recent times, non-fungible tokens (NFTs) and their physical counterparts have started to debut at well known retail stores and luxury boutiques. On October 4, the NFT project called Veefriends revealed that the team is launching its limited edition series of collectible characters exclusively...
DeFi needs appropriate regulation before moving to retail, says Fed Chair: Finance Redefined
30.9.2022
Majority of the top 100 DeFi tokens had a mixed week, with several tokens trading in green on weekly charts, with the total value locked seeing a minor increase of $4 billion
Despite Accounting for 2% of Global Activity, Sub-Saharan Africa Has ‘Some of the Most Well-Developed Cryptocurrency Markets of Any Region’: Report
30.9.2022
According to a recent Chainalysis report, although Sub-Saharan Africa is believed to account for as little as 2% of global transaction activity, the area “contains some of the most well-developed cryptocurrency markets of any region.” Additionally, Sub-Saharan Africa’s...
ECB reports on digital euro validation, privacy one year into investigative phase
29.9.2022
The ECB’s two-year investigative phase is halfway completed, with key use and policy issues clarified; more stakeholder engagement is planned before the decision is made to proceed
CTFC commissioner proposes office focused on retail crypto investors
29.9.2022
The commissioner said the potential of blockchain and cryptocurrency to change existing markets necessitates a new retail investor protection office similar to that of the SEC
Central Banks of Israel, Norway and Sweden Team Up to Explore Retail CBDC
28.9.2022
Results of the project, run by the Bank for International Settlements, are expected in the first quarter of 2023
Fed's Powell: DeFi needs appropriate regulation before expanding to retail
28.9.2022
Jerome Powell acknowledged that DeFi will start to reach more retail customers, highlighting the need for regulation
Retail Giant Walmart Enters the Metaverse With Walmart Land and Universe of Play on Roblox
26.9.2022
Walmart has entered the metaverse with the launch of Walmart Land and Walmart’s Universe of Play on Roblox. The metaverse gaming platform has 52.2 million daily active users and 11.3 billion engagement hours. “Our customers are spending loads of time there,” said a Walmart...
Singapore strives to remain relevant amid regulatory tightening for retail investors
26.9.2022
Singapore's largest bank expanded crypto trading for accredited investors only, aligned with financial authorities' views
Coinbase Receives Approval to Offer Full Suite of Crypto Products in Netherlands
24.9.2022
Crypto exchange Coinbase has received approval to offer its full suite of retail and institutional crypto products and services in the Netherlands. “We have taken strides to work collaboratively with government, policymakers, and regulators to shape the future in a responsible way,”...
Funko Partners With Walmart to Drop DC Digital Collectibles and Physical Twin Counterparts
22.9.2022
Funko has teamed up with the multinational retail corporation Walmart and the American film and entertainment studio Warner Bros. to bring digital collectibles to the retail space, the pop culture collectibles firm announced on Wednesday. According to Funko, the digital collectible offering...
Korean crypto bank partners with Blockdaemon to offer retail staking services
22.9.2022
In January, Delio was granted Virtual Asset Service Providers (VASP) approval by the Korean Financial Intelligence Unit
‘GameStop Daycare’ Is A Thing And Employees Are Tired Of It
22.9.2022
Gamers of a certain age have fond memories of that first time they played Super Mario 64 or another Nintendo classic at the demo station in the mall. It felt like you were touching a piece of the future. Maybe you played for hours. What they probably don’t remember is how much it pissed off...
Hong Kong Monetary Authority provides update on retail CBDC that may become DeFi onramp
21.9.2022
The monetary authority is developing a wholesale CBDC separately and earlier; it is looking at prospective retail use cases despite the lack of an “imminent role” for the currency