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blockchain, Epic

Epic welcomes blockchain games, but no Fortnite NFTs are in the works

Within their respective ecosystems, gaming platforms are taking sides on the blockchain, cryptocurrencies, and nonfungible tokens (NFTs). Following reports that Valve had banned crypto and NFT-related games from Steam. Epic Games Store has shown a positive attitude toward blockchain developers and the use of cryptocurrency in video games. According to Epic Games CEO Tim Sweeney, […]

Magnus Carlsen, NFT

Chess grandmaster Magnus Carlsen given with the NFT trophy, after tournament win

alsoGrandmaster Magnus Carlsen has been awarded a nonfungible token (NFT) trophy for winning an international chess tournament, the Meltwater Champions Chess Tour, for the first time in chess history (MCCT). To indefinitely preserve the game’s most defining moments, the tournament produced a number of NFT trophies and collectibles. Carlsen expressed his gratitude to the cryptocurrency […]

Brazil wants to tight the penalties for financial crimes involving crypto

Brazil wants to tight the penalties for financial crimes involving crypto

Brazilian lawmakers have approved a set of new penalties for laundering money with cryptocurrency. As part of their efforts to create stricter regulations for cryptocurrency-related crimes. According to an official announcement on Wednesday, Brazil’s Special Committee of the Chamber of Deputies has approved a bill. That significantly tightens penalties for financial crimes involving cryptocurrencies like […]

The Federal High Court of Nigeria has joined a growing list of regulators around the world. Who has approved the use of a central bank digital currency (CBDC) as legal tender? The digital currency, dubbed eNaira, issued by the central bank. And supported by a locally developed eNaira wallet.

Nigeria’s Federal High Court approved the implementation of the eNaira CBDC

The Federal High Court of Nigeria has joined a growing list of regulators around the world. Who has approved the use of a central bank digital currency (CBDC) as legal tender? The digital currency, dubbed eNaira, issued by the central bank. And supported by a locally developed eNaira wallet. According to a report by Voice […]

genesis

Genesis is experimenting with end-of-day pricing for institutional crypto futures products

Genesis Global Capital, a cryptocurrency brokerage firm, has announced the completion of a first-of-its-kind trade. That will pave the way for new institutional crypto futures products. Genesis has completed the first-ever OTC block trade of a Basis Trade at Index Close (BTIC) transaction using Bitcoin futures contracts issued by the Chicago Mercantile Exchange (CME). According […]

Coinbase

Coinbase signs a new $1.36 million contract with the US Customs Service

Coinbase has been awarded a contract to develop technology for the Department of Homeland Security worth up to $1.36 million. The largest cryptocurrency exchange, Coinbase has been contracted to provide “application development software as a service” for the United States Immigration and Customs Enforcement division under the terms of the agreement (ICE). Coinbase will receive […]

California named as the “most crypto-ready” state in the US

California named as the “most crypto-ready” state in the US

According to new industry research from the review site Crypto Head. California has emerged as the most crypto-ready jurisdiction in the United States. Thanks to the proliferation of cryptocurrency ATMs and growing interest in digital assets among the state’s population. California won the crypto-ready index with a score of 5.72 out of ten, beating out […]

Insiders say the majority of Korean crypto exchanges will close this month

Insiders say the majority of Korean crypto exchanges will close this month

The deadline for South Korean crypto exchanges to meet new compliance requirements is fast approaching. All operators expected to submit requests for official licenses to the Financial Services Commission (FSC) by September 24. For much of the past year, industry actors. And representatives for smaller exchanges have fought the new requirements but without success. According […]

Russian central bank
Source: Adobe/999xy

Russian Central Bank has told domestic banks to block crypto exchange transactions

The Russian central bank has told domestic commercial banks to block the crypto exchange-related card and e-pay transactions for their customers. The Bank of Russia stated in an official statement that internet-based “shadow economy”-related businesses must be eliminated. It urged domestic banks and e-payment providers to identify all accounts. And e-wallets associated with “illegal business […]

advertising

As per reports, NFL banned teams from advertising crypto and selling NFTS

The NFL has reportedly banned all teams and members from participating in crypto-related sponsorships. And advertisements, as well as nonfungible token (NFT) sales. According to The Athletic, the NFL has prohibited cryptocurrency trading firms and NFTs from selling sponsorships until the league develops a strategy “for sports digital trading cards and art.” An anonymous NFL […]