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A bill clarifying that property laws apply to crypto was given royal assent in the UK, with advocates hailing the move as giving crypto “a much clearer legal footing.” The UK has passed a bill into law that treats digital assets, such as cryptocurrencies and stablecoins, as property, which advocates say will better protect crypto…
The Arizona Senate has voted to revive House Bill 2324, a Bitcoin reserve bill that initially failed in the House. One of Arizona’s Bitcoin reserve bills has been revived after the state’s Senate passed a motion to reconsider the bill on Thursday. House Bill 2324 was initially voted down in the House during its third…
Tokenized real estate could top $4 trillion by 2035, reshaping property investment as blockchain adoption grows, according to a Deloitte report. Over $4 trillion worth of real estate could be tokenized on blockchain networks during the next decade, potentially offering investors greater access to property ownership opportunities, according to a new report. The Deloitte Center…
” Snow Crash manuscript that coined the term ‘Metaverse’ to be auctioned by Sotheby’s “ The original manuscript of Neil Stephenson’s Snow Crash — the book which coined the term “Metaverse,” — will be auctioned by Sotheby’s, according to a page on Sotheby’s official website. The auction is part of a Feb. 23 series called “Infocalypse”…
” NFTs will act as high-end property during boom cycles: Real Vision CEO “ Real Vision CEO and co-founder Raoul Pal believes nonfungible tokens (NFTs) will act similar to “high-end property” in the traditional economy, outperforming Ether (ETH) during crypto market boom cycles. In an hour-long YouTube video published on Feb. 20, the former JPMorgan…
” Building a career in the metaverse: Skills and opportunities “ A career in the metaverse involves developing and designing virtual environments and experiences within a virtual world. Creating virtual characters, objects and interactive experiences is one example of this. There are job prospects in software development, content creation and project management in this expanding…
” Metaverse experience to sway real-world travel choices in 2023: Survey “ As borders open up following prolonged COVID-induced travel restrictions, the Metaverse, one of the latest sub-crypto ecosystems, is set to help travelers decide on the destinations they want to experience in person, reveals a new survey conducted by Booking.com personally. Popular online travel…
” Chinese court says NFTs are virtual property protected by law “ A Chinese court in the city of Hangzhou has said nonfungible token (NFT) collections are online virtual property that should be protected under Chinese law. A Nov. 29 article posted by the Hangzhou Internet Court — a specialist internet court — shared by…
” The metaverse is a new frontier for earning passive income “ When new technologies and platforms are created, there are incredible discovery phases in which economic activity eventually picks up and starts taking shape. The metaverse is arguably in that discovery phase, with many entrepreneurs finding ways to earn passive income on it. As…
” UAE Ministry of Economy opens up new headquarters in the Metaverse “ The United Arab Emirates (UAE) Ministry of Economy has announced a new headquarters located where anyone in the world can visit — the Metaverse. According to Gulf News, the announcement was made on Sept. 28 by UAE Minister of Economy Abdulla bin Touq…