Metaverse Casino Ordered By Five State Regulators To Shut Down Immediately
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Five US states issued simultaneous cease-and-desist orders against an allegedly Russian-affiliated metaverse casino on Wednesday. Five state securities regulators issued emergency orders to the…
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Shanghai recently announced a comprehensive plan to promote the development of blockchain technology within its city limits by 2025. This plan demonstrates the city’s dedication to Web3 innovation and its determination to remain at the forefront of scientific advancements. The statement of objectives lays out specific goals for those in…
Key Highlights Coinbase sues Michigan, Illinois, and Connecticut over state attempts to regulate prediction markets. The company says prediction markets fall under exclusive CFTC jurisdiction, not state gambling laws. Courts have issued mixed rulings, forcing some firms to pause or limit services in certain states. Coinbase Global Inc., the biggest…
The Chinese government on Friday issued a notice pertaining to the rising scams and frauds in the metaverse space. The alert, issued by China Banking and Insurance Regulatory Commission, sought to... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go…