Business

Dubai releases full market regulations for virtual assets service providers
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9 February, 2023

Dubai releases full market regulations for virtual assets service providers

Under the Full Market Product Regulations, all entities looking to offer virtual currency services in Dubai must obtain a license...
Interpol working on policing the metaverse—but what’s a metaverse crime?
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9 February, 2023

Interpol working on policing the metaverse—but what’s a metaverse crime?

Interpol has launched a virtual reality space for its officers to explore the metaverse and be better equipped to police...
Digital assets and DLT have utility, but they must be strictly regulated: Italian central bank
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9 February, 2023

Digital assets and DLT have utility, but they must be strictly regulated: Italian central bank

“Crypto-assets with no intrinsic value” must be curtailed while also noting that digital assets can reduce cross-border costs, according to...
Yuga Labs settles BAYC trademark lawsuit, but tougher legal battles await
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9 February, 2023

Yuga Labs settles BAYC trademark lawsuit, but tougher legal battles await

Yuga Labs settled with Thomas Lehman, whom it had accused of building websites and smart contracts for Ryder Ripps’ offshoot...
SEC probes Kraken for unregistered securities, threatens Coinbase staking
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9 February, 2023

SEC probes Kraken for unregistered securities, threatens Coinbase staking

The U.S. Securities and Exchange Commission appears to have the Coinbase and Kraken digital asset exchanges squarely in its sights...
Meta lost $14B in 2022 on its metaverse bet, but Zuckerberg wants to invest more
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9 February, 2023

Meta lost $14B in 2022 on its metaverse bet, but Zuckerberg wants to invest more

Q4 2022 was Meta’s Reality Labs’ worst one yet, with a $4.3 billion loss; while Zuckerberg laid off 11,000 workers...
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