(Bloomberg) Barbados is pushing for a virtual embassy in Decentraland in a bid to achieve “diplomatic parity.” Gabriel Abed, Barbados’ real-world ambassador in the UAE, says the metaverse embassy is…
(Twitter) Dogecoin rose up to 33% on Tuesday, boosted by a Tweet by Tesla’s CEO Elon Musk who says the electric vehicle maker will allow it for payments on some…
(Bank of Russia) The Bank of Russia has banned mutual funds from crypto allocations and investments to qualified and unqualified investors. The Bank of Russia also prohibits fund managers from…
(Binance Singapore) Binance has announced that it will cease to operate its trading platform in Singapore on February 13 also indicating it has withdrawn an application for a crypto exchange…
(Baidu) Baidu has set December 27 as the date for the release of its meta-universe product “Hirang,” with the app also hosting the Baidu AI Developer Conference. Baidu says the…
(IMF) The International Monetary Fund is calling global regulators to adopt a common regulatory approach for crypto assets. In a quest for a comprehensive and clear framework of regulation, IMF…
(Coinbase) Crypto exchange Coinbase is launching a DeFi service via Compound Finance covering more than 70 countries while excluding the American users. The DeFi yield product will initially be available…
(Markets Insider) Ark Invest’s Cathie Wood sees Bitcoin surpassing $500,000 as institutional investors seeking to diversify from the traditional asset classes increase. Wood says institutional investors are always exploring opportunities…
(Twitter) Meta has started testing transactions on its messaging service WhatsApp through the Novi wallet. Meta says it will allow the new feature for a limited number of users in…
(Cointelegraph) Chief executive officers drawn from several crypto platforms in the US want the Congress to offer regulatory clarity in the industry rather than use knee-jerk reactions. In a Congressional…
(Bloomberg) Almost three quarters of money managers in a Natixis survey say cryptocurrencies are not an appropriate asset class for retail investors. The money managers, who a third of them…
(JMA) Japan Metaverse Association is a new name on the block after four virtual currency firms in the country came together to promote the booming technology. JMA aims to enable…