Search Results for: innovations

Portuguese Parliament Rejects Crypto Tax Proposals During Budget Debate

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Two proposals to tax crypto assets have failed to gain support from Portuguese lawmakers who are now discussing the state budget. The bids came from minority left-wing parties, while the ruling majority is yet to put forward its own draft to…

Cyprus Drafts Crypto Rules, May Introduce Them Before EU Regulations

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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, añadió. Gobierno…

Dubai Virtual Assets Regulator Establishes HQ in the Metaverse

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The Dubai virtual assets regulator, the Virtual Assets Regulatory Authority (VARA), has established its metaverse headquarters in The Sandbox virtual world. By establishing a presence in the metaverse, the regulator said it hopes to make itself accessible to all stakeholders. World’s…

TooNFT Looks to Revolutionise the Webtoon Industry via Next-Generation Blockchain Platform

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PRESIONE SOLTAR. Given the rapid evolution associated with technological advancements and new developments regarding Web3 and dApps, TooNFT has decided to launch the decentralised webtoon platform in conjunction with Toomics, which happens to be one of the largest webtoon platforms in…

Legisladores de EE. UU. Trabajan en políticas para abrir criptomercados a inversores institucionales, Dice Kevin O'Leary

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Kevin O’Leary, pero señor. Maravilloso, has revealed that a group of U.S. lawmakers is working on a policy to open crypto markets to institutional investors. “The good news is they are all over it and agree there is tremendous opportunity once…

Ubisoft Executive Thinks Players Reject NFTs Because They Don’t Understand Benefits

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Nicolas Pouard, an executive at Ubisoft, one of the leading videogame companies in the entertainment world, has issued his take on the backlash from gamers regarding the inclusion of NFTs in traditional franchises. The VP at Ubisoft’s Strategic Innovations Lab stated…

Crypto Ban in Russia Can Have Opposite Effect, Medvedev Warns as Opposition Mounts Against Proposal

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Dmitry Medvedev, former president and prime minister of Russia, has voiced his concerns over Bank of Russia’s initiative to ban most crypto operations. Prohibition could bring the opposite result, the Russian politician warned, joining a chorus of opinions against the restrictive…

NYC Mayor Eric Adams Converts First Paycheck to Bitcoin and Ether via Coinbase

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The mayor of New York City, Eric Adams, has received his first paycheck in bitcoin and ether via Coinbase. “Promise made, promise kept,” the mayor said, referring to his promise to take his first three paychecks in cryptocurrency. Mayor of New…

Bank of America Says Solana Could Take Market Share From Ethereum, Become the Visa of the Crypto Ecosystem

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Banco de America’s analyst says that Solana could take market share away from Ethereum. Noting that Solana is optimized for micropayments, juego de azar, and non-fungible tokens (NFT), the analyst expects “Solana could become the Visa of the digital asset ecosystem.” Bank of…