Car Manufacturer Renault Joins The Metaverse Using The Sandbox
Renault Korea, a historical brand in the automotive sector, has entered the metaverse by forming a partnership with The Sandbox.
Meta to Help Universities to Open Metaverse Campuses With $150 Million Funding
Meta, a metaverse-focused social media platform, has helped universities create their virtual reality campuses online.
IMF Says Crypto Assets Are no Longer Small Time, Regulators Need to Play Move Faster
Better regulation of crypto is a key motivator because of recent failures by crypto exchanges and crypto issuers.
New Internally Elected Prime Minister’s Liz Truss Take on Cryptocurrencies
Liz Truss is Britain’s new prime Minister. She previously stated: “We should accept cryptocurrencies in such a way that it doesn’t limit their potential.”
Australia have Developed a Cryptocurrency Police Department
According to a report by The Australian Financial Review, the Australian Federal Police has established a new cryptocurrency unit.
Binance Announced All Deposits of USDC, USDP and TUSD Will be Converted to BUSD
The largest cryptocurrency exchange will consolidate all competing assets into its native Binance stablecoin.
Crypto Exchange Upbit Announced Token Listing Requirements as Regulation Bites
Major market movements can be seen for tokens listed on Upbit in South Korea, the largest South Korean exchange by trading volume.
Payment App Revolut Has Faults According to UK Regulators After an Audit
The Financial Times identified UK Neobank Revolut as a “financial service provider” whose audit was “inadequate” with a “risk to an undetected material mistaken statement” as the Financial Times.
UK – Crypto Exchanges Must Report Cryptocurrencies That Breach Sanctions
Crypto exchanges must report and freeze accounts suspected to be evading Russian sanctions. This could lead to criminal charges.
Chinese Media Report Investors have Injected $780 Million in to Metaverse Development
According to reports, the Chinese metaverse industry has raised $780 million and is expected to grow to a $5.8 trillion industry in 2030.
