Global cryptocurrency exchange Binance has reportedly set up a $200 million fund that will directly invest the company’s stake in the emerging crypto gaming and metaverse sector of the digital space.As per the official blog post, Binance will be collaborating with Hong Kong-based Animoca brands through Binance smart chain $1B growth program.Binance and Animoca Brands to invest … [Read more...] about Binance smart chain and Animoca brands set up a $200M program to sponsor GameFi projects
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Australia Set For Massive Shakeup to Crypto Regulations: Treasurer
The Australian government will launch the biggest payments reform in 25 years, the Treasurer said in an interview. Dec 8, 2021 at 5:40 a.m. UTCUpdated Dec 8, 2021 at 5:40 a.m. UTCAustralian Treasurer Josh Frydenberg speaking ot 7News Australia on Dec. 8, 2021. (Screenshot: CoinDesk) Source link … [Read more...] about Australia Set For Massive Shakeup to Crypto Regulations: Treasurer
India to set maximum penalty for violating crypto norms at fine of $2.7 million or 1.5 years in jail
On Tuesday, BloombergQuint (Bloomberg India) reported that the penalty for non-compliance with the Indian government's crypto policies could range from a maximum fine of 20 crore rupees ($2.7 million USD) or 1.5 years in jail. Prime Minister Narendra Modi will likely give cryptocurrency investors a deadline to comply with new rules and declare their assets. Whilst the … [Read more...] about India to set maximum penalty for violating crypto norms at fine of $2.7 million or 1.5 years in jail
Binance and Animoca Brands Set Up $200M Fund For Blockchain Gaming
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.@2021 … [Read more...] about Binance and Animoca Brands Set Up $200M Fund For Blockchain Gaming
How Bitcoin Set Itself Up for This Sell-Off
Ever since the massive rally culminating in the all-time high of $68,990.90 on Nov. 10, prices came down and stayed south of $60,000 over for the most recent couple of weeks. Some of the hype, it seems, was related to the bitcoin futures exchange-traded fund (ETF) launch, and the subsequent letdown seems likewise to reflect a market that doesn’t know what to do next. Source … [Read more...] about How Bitcoin Set Itself Up for This Sell-Off