Sichuan authorities estimate metaverse market at $34 billion
Authorities in Sichuan Province: by 2025 the metaverse industry could reach 250 billion yuan ($34 billion). The government announced the creation of industrial parks.
Sichuan authorities estimate metaverse market at $34 billion
Authorities in Sichuan Province: by 2025 the metaverse industry could reach 250 billion yuan ($34 billion). The government announced the creation of industrial parks.
Abu Dhabi regulator approves M2 to offer crypto services
FSRA granted the Abu Dhabi-based platform M2 a licence to provide virtual-asset-related services.
Coinbase to offer access to crypto futures after US regulators’ approval
Coinbase has received an FCM license from the CFTC. This will allow select US clients to access cryptocurrency futures trading.
Binance to shut down Binance Connect platform
On 16 August, Binance will cease operating the Binance Connect (Bifinity) fiat-to-crypto exchange platform.
FDIC sees risks to the banking system from cryptocurrencies
Crypto-asset related activity may present new and complex risks to the U.S. banking system that are difficult to fully assess. This conclusion is contained in the FDIC's annual risk review.
Europe launches first spot Bitcoin ETF
British company Jacobi Asset Management has launched the first Europe-listed exchange-traded fund (ETF) based on Bitcoin. The instrument was listed on Euronext Amsterdam under the ticker BCOIN.
Singapore regulator completes framework for stablecoins
The Monetary Authority of Singapore has completed work on the regulatory framework aimed at ensuring a high degree of resilience of locally regulated stablecoins.
Txbit crypto exchange to cease operations amid unfavourable market conditions
The Netherlands-based cryptocurrency exchange Txbit said it would cease trading and wind down its operations on September 14.
FCA reports approval of one in eight crypto-firm applications.
Of 291 applications under review since January 2020, the FCA has approved only 38 (13%).
Media: Binance to file for registration in Taiwan
Binance, the cryptocurrency exchange, intends to obtain registration in Taiwan under the Anti-Money Laundering Act. The Block reports, citing its own sources.We use cookies to improve the quality of our service.
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