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Article by Steve Kaaru

South Korea to invest $187M in a national metaverse ecosystem
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3 March, 2022

South Korea to invest $187M in a national metaverse ecosystem

South Korea’s Ministry of ICT, Science, and Future Planning will also conduct community-oriented creative activities and hackathons to attract talent.
UK fast-tracks new law giving gov’t more power to seize digital assets
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2 March, 2022

UK fast-tracks new law giving gov’t more power to seize digital assets

The U.K. parliament is pushing for the passing of a new economic bill that will give the government greater power...
Zhejiang province hikes energy costs for miners as China doubles down on sector
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2 March, 2022

Zhejiang province hikes energy costs for miners as China doubles down on sector

Despite a countrywide ban on block reward mining, Zhejiang has become the latest province to implement an electricity hike for...
BitConnect founder indicted over $2.4B Ponzi scheme, faces 70 years in prison
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2 March, 2022

BitConnect founder indicted over $2.4B Ponzi scheme, faces 70 years in prison

A San Diego court charged Satish Kumbhani with wire fraud, conspiracy to commit commodity price manipulation, and international money laundering.
Japan’s largest bank winds down blockchain payments system over slow growth
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2 March, 2022

Japan’s largest bank winds down blockchain payments system over slow growth

The Mitsubishi UFJ Group announced the end of its Global Open Network, saying that it failed to live up to...
EU to give digital asset oversight to new AML regulatory body: report
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1 March, 2022

EU to give digital asset oversight to new AML regulatory body: report

Germany will lead the formation of the new body and it’s expected to start operations in 2024, including oversight over...

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