Are NFTs an animal to be regulated? A European approach to decentralization, ...
The question facing nonfungible token regulation: Should NFTs be considered as digital assets? Nonfungible tokens (NFTs) are constantly in the news. NFT platforms are springing up like mushrooms and champions are emerging, such as OpenSea. It is a real platform economy that is emerging, like those in which YouTube or Booking.com gained a foothold. But it is a very young economy — one that is struggling to understand the legal issues that apply to it.Regulators are starting to take an interest in the subject, and there is risk of a backlash if the industry does not regulate itself quickly.....
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Could a U.S. state purchase NFTs? One lawmaker is proposing state legislation to allow the state the ability to do so. Meanwhile, European automaker Alfa Romeo is breaking into NFTs in a way that integrates utility in a one-of-a-kind way – without taking a consumer-first approach. And NFT rugpulls are becoming increasingly commonplace. It’s just […]
The US-based Metaverse concert organizer Animal Concerts has partnered with South Korea’s Klaytn blockchain network to bring leading global music entertainment stars to the Metaverse. Metaverse concert organizer Animal Concerts has partnered with South Korean unicorn Kakao’s Klaytn network to increase its exposure to the Korean entertainment industry and facilitate Klaytn’s global expansion plans.The Jan. 10 announcement from Klaytn explains that the partnership between Klaytn and Animal Concerts is expected to help Klaytn increase the number of NFTs that are traded on the platform. Klaytn....
With so much drama in the LBC, it’s only right that we drop a dope NFT. Recording artists Snoop Dogg and Billy Ray Cyrus have teamed up to release a new smash single, “A Hard Working Man.” The hip hop-country mashup, produced by the legendary Avila Brothers, will debut on April 2 during Grammy weekend in Las Vegas.Cyrus’ 2019 hit remix of “Old Town Road” with rapper Lil Nas X made history by going 16x multi-platinum in the United States. Asked about his genre-bending approach to music, Cyrus replied, “My philosophy to making music is no limitations. No rules, no limits, no preconceived....
The animal instinct of Dogecoin is very apparent these days, as the canine-themed crypto sustains its aggressive run that catapulted it to the highest it has been since May. Earlier today, the crypto registered a whopping 105% weekly gain though it shed 3.6% during the last hour at the time of this writing, trimming its […]
In the wake of Coinbase unveiling the US’s first licensed Bitcoin exchange, across the water in the UK, another operation is adopting a different, but no less official, approach. Digital Securities Exchange, or DSX, is launching the country’s first trading platform to employ an accredited third party processor to run all its transactions. It has partnered with ePayments Systems Ltd, which is regulated by the UK Financial Conduct Authority (FCA). “DSX has chosen to take an alternative approach by drawing parallels between e-money as an established and regulated product and digital....