# President of Paraguay vetoes crypto regulation law

# President of Paraguay vetoes crypto regulation law

” President of Paraguay vetoes crypto regulation law “ Paraguay’s president, Mario Abdo Benítez, vetoed a bill that sought to recognize cryptocurrency mining as an industrial activity on Monday. He reasoned that mining’s high electricity consumption could hinder the expansion of a sustainable national industry.  The decree stated that crypto mining uses intensive capital with…

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# Frida Kahlo art finds permanent home in the metaverse

# Frida Kahlo art finds permanent home in the metaverse

” Frida Kahlo art finds permanent home in the metaverse “ The family of the world-renowned painter Frida Kahlo released never before seen art and memorabilia tied to the artist into the metaverse. The content debuted in a permanent exhibition during the third-annual Metaverse Art Week in Decentraland, held on Aug. 24–28.  Metaverse users are…

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# Central African Republic court says new ,000 citizenship-by-crypto-investment program is unconstitutional

# Central African Republic court says new $60,000 citizenship-by-crypto-investment program is unconstitutional

” Central African Republic court says new $60,000 citizenship-by-crypto-investment program is unconstitutional “ According to Reuters, the Constitutional Court of the Central African Republic (CAR) said on Monday that the purchase of citizenship, e-residency and land using its government-backed Sango digital currency is unconstitutional because a nationality has no market value. Earlier in July, the CAR unveiled its…

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# Australian regulators rattle their saber as adoption takes a major leap: Law Decoded, Aug. 22-29

# Australian regulators rattle their saber as adoption takes a major leap: Law Decoded, Aug. 22-29

” Australian regulators rattle their saber as adoption takes a major leap: Law Decoded, Aug. 22-29 “ Australia’s financial regulator, Securities and Investments Commission (ASIC), has pledged to put crypto assets and decentralized finance (DeFi) firmly in its sights over the next four years. The regulator intends to focus on “digitally enabled misconducts” and to…

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# Why interoperability is the key to blockchain technology’s mass adoption

# Why interoperability is the key to blockchain technology’s mass adoption

” Why interoperability is the key to blockchain technology’s mass adoption “ Every year, we see new blockchain networks being developed to tackle specific niches within certain industries, each blockchain having specialized functions based on its purpose. For example, layer-2 scaling solutions like Polygon are built to have ultra-low transaction fees and fast settlement times….

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# Crypto will become an inflation hedge — just not yet

# Crypto will become an inflation hedge — just not yet

” Crypto will become an inflation hedge — just not yet “ In theory, Bitcoin (BTC) should serve as a hedge against inflation. It’s easy to access, its supply is predictable, and central banks cannot arbitrarily manipulate it. However, investors aren’t treating it that way. Instead, the cryptocurrency market is mirroring the stock market. Why…

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