European Union to Launch Global Metaverse Regulation Initiative in 2023 – Regulation Bitcoin News

The European Union (EU) will present an initiative to address the metaverse and all the activities and interactions happening in it sometime in 2023. The proposal, which was qualified as ”key” in the State of the Union letter of intent authored by Ursula von der Leyen, President of the European Commission, will present several initiatives to clarify Europe’s rules and expectations for the metaverse. European Union to Introduce Metaverse Regulation Project Many countries of the world are in the process of integrating and adapting their regulatory frameworks and infrastructure to…

European Union to Launch Global Metaverse Regulation Initiative in 2023 – Regulation Bitcoin News

The European Union (EU) will present an initiative to address the metaverse and all the activities and interactions happening in it sometime in 2023. The proposal, which was qualified as ”key” in the State of the Union letter of intent authored by Ursula von der Leyen, President of the European Commission, will present several initiatives to clarify Europe’s rules and expectations for the metaverse. European Union to Introduce Metaverse Regulation Project Many countries of the world are in the process of integrating and adapting their regulatory frameworks and infrastructure to…

How stablecoins are helping protect savings

Economies around the world are facing a motley of challenges caused by rising inflation. High inflation devalues national currencies, which, in turn, pushes up the cost of living, especially in scenarios where earnings remain unchanged. In the United States, the government has responded aggressively to inflation. The nation hit a 9.1% inflation rate in June, prompting the Federal Reserve to implement a series of fiscal countermeasures designed to prevent the economy from overheating. Hiking interest rates was one of them. Soaring Fed interest rates have consequently slowed down consumer spending…

DeFi Privacy Protocol Railgun Launches Protected Mobile Wallet App

As a layer 1 application, Railway Wallet will take advantage of security features provided by the Ethereum blockchain’s main network, in addition to utilizing Railgun’s open-source code. In the run-up to the on-chain wallet’s launch, cybersecurity firms Trail of Bits, Hacken, and ABDK Consulting have audited the code, with Zokyo Security Team giving the code a 100 rating. Source

BEAR MARKET BILLIONAIRE. CHIEF ECONOMIST CALLS FOR 2 YEAR RECESSION.

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Very few are calling for a recession and VERY VERY few are saying it will last for 2 years but that’s exactly what Chief economist states. Also, a quick update on sweatcoin as it now has affirmations from 5 of the top 10 exchanges globally for day 1 listing. Real Vision Video – DCA site – SWEAT Site – DAO MAKER Public Round info – 👀 WATCH Q&A FROM Today’s LIVESTREAM HERE – 👉 ●▬▬▬▬▬▬CELSIUS/VOYAGER TIMELINE▬▬▬▬▬▬▬● ⏰ June 12th, 2022 (11am). Take…

Animoca Brands continues shopping spree with MotoGP mobile dev acquisition

One of Web3’s leading digital property rights developers, Animoca Brands, announced yet another major acquisition to its increasing portfolio of gaming subsidiaries. The company announced the purchase of WePlay Media, which developed the popular blockchain-game MotoGP Championship Quest, on Sept. 16. According to the agreement, the acquisition is in an effort to bolster user engagement in motorsport mobile gaming.  Graeme Warring, the co-founder and COO of WePlay Media and co-creator of MotoGP, called the acquisition an exciting development for both parties as they expand their reach to motorcycle fans across…

White House publishes ‘first-ever’ comprehensive framework for crypto

Following United States President Joe Biden’s executive order on Ensuring Responsible Development of Digital Assets, federal agencies came up with a joint fact sheet on six principal directions for the crypto regulation in the U.S. It sums up the content of nine separate reports, which have been submitted to the President to “articulate a clear framework for responsible digital asset development and pave the way for further action at home and abroad.” The fact sheet was published on the White House official website on Sept. 16, and consists of seven…

ETH Hits 3-Week Low as Bearish Momentum Increases Following The Merge – Market Updates Bitcoin News

Ethereum moved to a three-week low on Friday, as market sentiment remained bearish following the completion of The Merge. The world’s second largest cryptocurrency dropped below $1,500 today, less than 24 hours after the historic migration from proof-of-work (PoW), to a proof-of-stake (PoS) system. Bitcoin also neared a multi-week low. Bitcoin Bitcoin (BTC) fell further below $20,000 on Friday, ahead of next week’s expected interest rate hike by the U.S. Federal Reserve. BTC/USD dropped to an intraday low of $19,625.22 in today’s session, taking prices closer to a support of…

Crypto Miners From US, EU Stay Put in Russia Despite War, Sanctions

This capacity, comparable to BitRiver’s, is in high demand among clients from Germany, the U.K., the U.S., Canada, Iran, Japan, New Zealand and other countries as well as local Russian miners, said MEATEC’s head of foreign relations, Alexander Swid. Europe accounts for around 50% of the mix; Russia, up to 30%. The U.S. makes up about 10% and “a big request” for placement of specialized mining chips, known as ASICs, came from the U.S. recently, Haas said. Source