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Russia Gears Up to Regulate NFTs Through Legislative Amendments


Authorities in Russia are preparing a number of changes to existing laws in order to adopt rules for the country’s market for non-fungible tokens, or NFTs. A working group has discussed the matter and proposed solutions to legally define and regulate transactions with the digital...

Roblox Updating Its Potato Graphics To Look Mildly More Realistic


Roblox is one of the most popular games in the world, and now it’s getting a graphical overhaul to bring its fidelity slightly more in line with its reach. It’s not quite gaming in ray-traced 4K, but it will no doubt go a long way toward helping the surprisingly shady, social “not-a game” platform...

EU Makes Deal on MiCA Legislation to Regulate Crypto Markets


Representatives of key European Union (EU) institutions and member states reached an agreement on the Markets in Crypto Assets regulatory proposal. The progress in the negotiations over the comprehensive legal framework for the Union’s crypto space comes after earlier this week European...

Cyprus Drafts Crypto Rules, May Introduce Them Before EU Regulations


Cyprus has prepared its own legislation to regulate crypto assets and is likely to adopt it before Europe finalizes a common regulatory framework, a government official has indicated. The authorities in Nicosia welcome the “careful” use of cryptocurrencies, he added. Government...

Report: IMF Says Central African Republic’s Bitcoin Adoption Poses Risks


The International Money Fund (IMF) has added its voice to institutions and parties criticizing the Central African Republic (CAR)’s decision to adopt bitcoin. The IMF insists the adoption poses legal economic challenges not only to the country but to the region as well. CAR’s Bitcoin...

How DAOs Can Adopt Best Practices for Treasury Management in a Bear Market


Kevin Chan is the treasurer of UMA, an optimistic oracle used to build decentralized applications in DeFi and Web3, and a former managing director at Goldman Sachs. _____ April is financial literacy month in the US, which is always a good time to do some financial housekeeping and to review best...

IMF Official: Regulating Crypto Assets Is High on the Agenda for India


A director at the International Monetary Fund (IMF) says that crypto regulation is “certainly high on the agenda” for India. “We are trying to come up with global standards for #crypto asset regulations. I think that’s important for India to also adopt,” said...

Three African Countries Plan to Adopt Cryptocurrency and Blockchain Solutions


Three African countries — namely Cameroon, the Democratic Republic of Congo (DRC), and the Republic of Congo — are reportedly planning to adopt cryptocurrency and blockchain solutions powered by The Open Network (TON). Separately, Cameroon is considering issuing a national stablecoin...

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