Business

Wuhan removes NFTs from metaverse plans amid regulatory trouble in China
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11 November, 2022

Wuhan removes NFTs from metaverse plans amid regulatory trouble in China

The revised document revealed that Wuhan harbors ambitious plans to build at least two metaverse industrial estates before 2025.
SEC chair Gary Gensler reiterates call for digital asset registration in the wake of FTX collapse
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10 November, 2022

SEC chair Gary Gensler reiterates call for digital asset registration in the wake of FTX collapse

Securities commission Chairman Gary Gensler has re-emphasised the need for digital asset platforms to bring themselves within the protective umbrella...
FATF task force doubles down on anti-money laundering oversight
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10 November, 2022

FATF task force doubles down on anti-money laundering oversight

Countries covered by the Financial Action Task Force are required to conduct anti-money laundering reviews annually instead of every 10...
FTX: Here we go again, as traders wonder where their money went
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10 November, 2022

FTX: Here we go again, as traders wonder where their money went

A few months ago, FTX CEO Sam Bankman-Fried was seen as a savior, but now some see him as a...
Meta begins mass layoffs—why?
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10 November, 2022

Meta begins mass layoffs—why?

Meta CEO Mark Zuckerberg proceeds with the company's mass layoffs following a turbulent year and his desire to create a...
Japan’s NTT Docomo plans to invest $4B in Web3 using mobile infrastructure
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10 November, 2022

Japan’s NTT Docomo plans to invest $4B in Web3 using mobile infrastructure

NTT Docomo's first step in the plan is to build a technology infrastructure for its foray into the digital asset...
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