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European Union to Launch Global Metaverse Regulation Initiative in 2023

The European Union (EU) will present an initiative to address the metaverse and all the activities and interactions happening in it sometime in 2023. The proposal, which was qualified as…

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White House Releases First Crypto Regulatory Framework—Here’s What You Need to Know

The White House has indicated that it wants to protect consumers, fight financial crime, and look into launching a digital dollar. White House Publishes Crypto Framework The U.S. government is...

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South Korea’s Ministry of Foreign Affairs Plans to Revoke Do Kwon’s Passport: Report

According to local reports stemming from South Korea, the country’s foreign ministry is looking to invalidate the co-founder of Terraform Labs Do Kwon’s passport. The story was published the day…

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Merge is ‘a step in the right direction’ to address crypto’s energy usage — Rostin Behnam

The CFTC chair said that the Ethereum blockchain’s transition to proof-of-stake, despite reducing energy usage by more than 99%, may not go far enough in resolving the problem.

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Central Bank of Argentina Issues New Compliance Rules for Digital Wallets

The Central Bank of Argentina has issued a new set of rules for operators of digital wallets in the country. Customers of companies like Uala, a wallet popular in Argentina,…

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Russian Prime Minister Orders Finance Ministry, Central Bank to Agree on Crypto by December

The central bank and the finance ministry in Moscow have been asked by the head of the Russian government to agree on a vision for the development of the country’s…

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Egypt’s Central Bank Issues Crypto Warning — Violators Risk Imprisonment

The Central Bank of Egypt (CBE) has issued a fresh warning about cryptocurrency, noting that violators could face imprisonment. The Egyptian central bank’s law “prohibits issuing, trading, or promoting cryptocurrencies,…

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