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Crypto scams on the rise, government institutions call for regulatory clarity| Weekly recap

This week, regulatory affairs continued to be a top concern. Government institutions worked towards creating guidelines to adapt to the ever-changing and evolving world of cryptocurrencies. Meanwhile, the private sector showed interest in non-fungible tokens (NFTs) by collaborating on various projects. Despite these positive advancements, reports of fraudulent activities and security breaches highlighted the importance […]
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Beijing government publishes web3 white paper

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Beijing’s municipal government has introduced the “Web3 Innovation and Development White Paper” at the Zhongguancun Forum. Presented by the Beijing Municipal Science and Technology Commission, also recognized as the Administrative Commission of Zhongguancun Science Park, the white paper aims to cultivate […]
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Venom Foundation partners with Kenyan government to set up blockchain hub

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Venom Foundation, the team behind the ADGM-licensed decentralized network, has signed a Memorandum of Understanding (MOU) with the Kenyan government to set up a blockchain hub.  Venom Foundation partners with  Kenyan government  Through the partnership, Venom Foundation seeks to stimulate regional […]
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UK government not going forward with NFT issuance

The government of the United Kingdom has dropped plans to issue a non-fungible token (NFT), which was first proposed in April 2022 and scheduled for issuance in June 2022.  The United Kingdom’s Economic Secretary to the Treasury, Andrew Griffith, said the Royal Mint had canceled plans to launch a government-backed token. Griffith’s statement was in […]
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