Business

No self-regulation for metaverses in UK
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1 November, 2022

No self-regulation for metaverses in UK

If passed, the proposed Online Safety Bill will cover all social media platforms, search engines, forums, online games, messaging apps,...
Hong Kong seeks legal backing for retail asset investors to attract leading Web3 firms
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1 November, 2022

Hong Kong seeks legal backing for retail asset investors to attract leading Web3 firms

In an effort to regain retail traders' trust, Hong Kong has imposed a mandatory licensing program for digital asset service...
Costa Rica wants ‘crypto’ taxes removed as it eyes transformation into digital asset hub
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1 November, 2022

Costa Rica wants ‘crypto’ taxes removed as it eyes transformation into digital asset hub

Costa Rican lawmakers said the proposed bill, which seeks to eradicate taxes in the asset class, will allow digital asset...
China’s digital yuan wins big in cross-border pilot but potential pitfalls threaten efforts
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1 November, 2022

China’s digital yuan wins big in cross-border pilot but potential pitfalls threaten efforts

China's adoption rates of its digital yuan have soared since its introduction, but privacy concerns and a gloomy economic outlook...
Visa delves deeper into virtual currencies with trademark applications
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1 November, 2022

Visa delves deeper into virtual currencies with trademark applications

Competition in the payments industry heats up as Visa looks to become a key player in the digital asset sector,...
Meta investors panic as Zuckerberg doubles down on Metaverse
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31 October, 2022

Meta investors panic as Zuckerberg doubles down on Metaverse

Meta's shares tumbled after the release of its Reality Labs financial report, which saw an operating loss of $3.67 billion...
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