NFTs
Regulation
IMF urges El Salvador to remove Bitcoin’s status as legal tender
The International Monetary Fund stated that Bitcoin's status as legal tender is posing risk to the country's financial stability and system.
Regulation
Report: Biden administration may soon unveil an executive order on cryptocurrencies
The final draft of the executive order highlighting the government's strategies on cryptocurrency may be introduced as early as next month.
Mining
46% Bitcoin miners employ renewable energy sources to mine Bitcoin: BMC
A recent survey conducted by the Bitcoin Mining Council reported improved sustainable power metrics and usage of renewable energy resources while mining Bitcoin.
Metaverse
South Korea explores Metaverse plans, aims to become the 5th biggest metaverse market by 2026
South Korea on Thursday revealed its comparative five year plan to steer the global metaverse market race.
NFTs
Twitter Blue debuts NFT profile picture for iOS users
Twitter blue will be introducing NFT hexagonal avatars at a monthly price of $2.99.
Mining
ESMA vice-chairman calls for ban on proof-of-work crypto mining
The vice-chair of European Securities And Markets Authority Erik Thedéen urges EU regulators to ban proof-of-work Bitcoin mining model citing rising environmental concerns.
Adoption
Google Pay hires former PayPal executive to expand crypto services
Google pay has hired former Paypal executive Arnold Goldberg to head its payment division, with plans to expand its crypto-related operations.
NFTs
Coinbase partners with Mastercard to simplify NFT marketplace purchases
The partnership intends to facilitate direct NFT purchases for users via Mastercard debit and credit cards.
Regulation
UK to impose strict restrictions on misleading crypto ads
The UK treasury is planning to curb misleading crypto ads to raise consumer awareness regarding crypto investments.
Regulation
Pakistan’s Federal Agency to block crypto websites, report finds
Pakistan's leading investigation agency wants to block all crypto websites, citing money laundering issues involving cryptocurrencies.
Metaverse
Walmart prepares to enter the Metaverse, files documents to launch crypto and NFTs
Several trade filings filed with local regulators suggest Walmart may discreetly be pursuing plans to venture into launching its cryptocurrency and NFTs.
Legal
Tether freezes three Ethereum addresses holding $150 million in USDT
Tether had earlier blacklisted 312 Ethereum addresses in 2021.