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Redeeming physical NFTs: Easier said than done?
5.1.2023
A number of challenges must be overcome in order for “phygital” NFT projects to gain traction
Lightning Network gets physical form in Australia with Bitcoin ATM
3.1.2023
Lightning-enabled Bitcoin ATMs promise to offer instant transaction support and a significant cut in cost from traditional crypto ATMs
Gold-Based Digital Assets Issued in Russia
29.12.2022
A blockchain platform built by Russia’s largest banking institution, Sber, has been used to issue digital assets based on gold. The value of the tokenized precious metal will depend on the prices of physical gold, the bank said, emphasizing that the operation is a first. Russia’s Sber Bank Mints...
Nifty News: Winamp adds NFT support, Atari gets physical and more
7.12.2022
Atari has teamed up with Pixels.com for physical NFT artworks and Investopedia has given a rundown on NFT tax law
Sevilla Cryptoverse Island: A physical NFT art exhibition powered by WISe.ART
9.11.2022
Cryptoverse Island and WISe.ART, a vetted NFT Marketplace powered by WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, AI, Blockchain, and IoT company, announced today that they would join forces to host the next Cryptoverse Island physical...
Argentine Digital Peso Proposal: Eliminate Tax Evasion by Digitizing the Full Fiat Currency Supply
7.11.2022
A proposal to eliminate the physical representation of the Argentine Peso, in order to streamline specific state processes and reduce tax evasion, has been presented by former banker Carlos Maria De Los Santos. The plan, identified as “Argentine Digital Peso,” also predicts that...
Azuki launches Physical Backed Token(PBT)
19.10.2022
Azuki has introduced the Physical Backed Token (PBT) to the community, enabling the members to tie physical items to digital tokens. PBT is an open-source token standard with its first implementation already in place. It uses a BEAN chip to create a unique experience called scan-to-own through...
NFT project Azuki launches Physical Backed Token
18.10.2022
The company said that the open-source token standard intends to tie a physical item to a digital token on the Ethereum blockchain
UK’s Royal Mint Reveals Record Profits Amid Significant Demand for Physical Gold and Silver
14.10.2022
While the price of gold has dropped in value from the asset’s all-time high on March 8, the U.K.’s oldest precious metals (PMs) company, the Royal Mint, saw record profits over the last 12 months. In fact, the Royal Mint’s annual earnings show the firm has seen the highest profits in 12 years, with...
Vanuatu to require physical presence of brokers
12.10.2022
Vanuatu, which happens to be one of the much-favored destination points for brokers of various kinds and is involved in multiple verticals of businesses, has tweaked the rules a mite regarding running their operations on their soil. This new diktat will be officially in force starting from October...
Middle East gets physical Bitcoin ETP listed on Nasdaq Dubai
12.10.2022
The Middle East, one of the world’s fastest-growing crypto markets, now offers a new opportunity for direct investment in Bitcoin through the 21Shares Bitcoin ETP
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...
Sacramento Kings and CryptoKaiju Collaborate for the First Physical Crypto-Collectible
23.9.2022
The famous basketball team, Sacramento Kings, made a massive announcement for basketball fans and crypto owners. The renowned team is collaborating with CryptoKaiju, the creators of the first Ethereum-powered vinyl toys, to introduce the first-of-its-kind physical collection of NFTs based...
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...
Selling physical items as NFTs, explained
21.9.2022
A growing number of physical items are being immortalized in NFT form. What are the opportunities here... and the challenges that need to be addressed?
Crypto Miner Bitdeer Bought Physical Safety Vault Le Freeport For Over $28M: Report
19.9.2022
The miner is looking to go public via a SPAC merger
Bitcoin better than physical property for commoners, says Michael Saylor
17.9.2022
Saylor underscored the high maintenance costs and taxes linked with owning and inheriting physical property over the long term, which in the case of Bitcoin, does not exist
Brazilian Securities Watchdog Demands Changes in Cryptocurrency Bill
11.9.2022
The new directive of the Brazilian securities watchdog, the CVM, is now demanding specific changes to the cryptocurrency bill pending discussion in Congress. The organization wants to correct a loophole in the current document in which some tokens would not be considered securities, including...
ETC Group Physical Ethereum PoW (ZETW) ETP Launching on Deutsche Borse
8.9.2022
An exchange-traded product (ETP) that tracks an Ethereum (ETH) proof-of-work (PoW) hard forked token is already being planned for listing in Europe, despite no such token existing as of now.
The new investment product is being prepared by the London-based crypto firm ETC Group, and will be listed...
Russian Crypto Scammers Go Offline, Open Offices, Central Bank Worried About Trend
29.8.2022
An increasing number of financial and crypto pyramids targeting Russian investors have been opening physical offices in the country. The Central Bank of Russia has recently expressed concern over the trend which is seen as an indication that the fraudsters expect growing demand. Russian Crypto...