The People’s Bank of China recently addressed issues that are related to the regulation of cryptos, NFTs, and decentralized finance (DeFi) in its latest financial stability report. Interestingly, the People’s Bank of China (PBoC) has resolved issues related to crypto regulation and decentralization finance (DeFi) in its latest financial stability report, in which it now… Continue reading Chinese Central Bank Encourages The World To Jointly Regulate Crypto And NFT
Tag: crypto regulation
Binance Increases Support To Bitcoin NFTs On Its Marketplace
Binance is one of the biggest crypto exchanges in the world. The exchange confirmed its support for Bitcoin NFTs. The decision has come at a time of massive turmoil in the crypto sector, proving Binance’s commitment to adopting the budding NFT industry. Binance Joins The Bitcoin NFTs Market The launch of Bitcoin NFTs on Binance’s… Continue reading Binance Increases Support To Bitcoin NFTs On Its Marketplace
US Senator Lummis Excludes NFTs In Her Crypto Bill As Apecoin Integrates Polygon
On May 3, 2022, Cynthia Lummis, the United States Republican Senate Representative for Wyoming, revealed some of the key constituents of her highly anticipated crypto bill that she is currently preparing. In an exclusive short Livestream hosted by Axios, the Senate Representative for Wyoming spoke about the importance of definition and weeding out nonviable altcoin… Continue reading US Senator Lummis Excludes NFTs In Her Crypto Bill As Apecoin Integrates Polygon
The Future Of NFTs In China
Harris Sevinc, a chief technology officer at a blockchain game firm utilizing NFT and metaverse-centric concepts, The Unfettered, believes that China is still hostile to digital assets. However, its residents are obsessed with blockchain technology, the move that has attracted many investors to continue harnessing blockchain-based projects such as NFTs that do not depend entirely… Continue reading The Future Of NFTs In China
China’s Delay To Ban NFTs Increases Hope For Investors
NFTs are still legal in China. The Chinese government now shows no intentions restricting all things crypto, as was highlighted last year when the country declared a total ban on digital assets. In that case, the uncertainty now surrounds the rapidly flourishing crypto-related industry non-fungible tokens (NFTs) market. There is a continued silence from the… Continue reading China’s Delay To Ban NFTs Increases Hope For Investors
Malaysian Top Government Official Urges The State To Legalize Cryptos And NFTs
NFTs are revolutionizing the digital space. The Ministry of Communication and Multimedia (KKMM) is purportedly pushing for general adoption of digital assets, with the deputy minister now calling on the Malaysian government to establish a legal framework for both crypto and non-fungible tokens (NFTs). According to a Harian Metro report, a local news agency platform… Continue reading Malaysian Top Government Official Urges The State To Legalize Cryptos And NFTs