NFT Taskforce Asks Japanese Government to Consider Appointing Web3 Minister

This post was originally published on News.Bitcoin In a recently released white paper, a Japanese non-fungible token (NFT) taskforce has asked the government to consider appointing a government minister whose job it would be to oversee all matters relating to Web3. Building the Support Structure for Japan’s NFT Sector A Japanese NFT policy task force … Read more

Queen of Pop Becomes a Metaverse Material Girl — Madonna Buys Bored Ape for $564K

This post was originally published on News.Bitcoin The ‘Queen of Pop,’ Madonna has revealed she has “entered the metaverse” after she acquired the non-fungible token (NFT) collectible Bored Ape #4988. According to onchain data, Madonna’s Bored Ape #4988 was purchased for 180 ether or $564K at the time of settlement. Madonna Says She ‘Finally Entered … Read more

Abu Dhabi Global Market Regulatory Arm Unveils Document Proposing Changes to Virtual Asset Regulations

This post was originally published on News.Bitcoin The Financial Services Regulatory Authority (FSRA), a regulator in the United Arab Emirates (UAE)’s financial center and free zone, the Abu Dhabi Global Market (ADGM), has released a consultation paper that proposes amendments to regulations that govern the use of virtual assets. Regulator Seeks to Amend Requirements for … Read more

Japanese Software Giant Line Plans to Launch NFT Market Next Month

This post was originally published on News.Bitcoin The Japanese social media and messenger software firm Line Corporation has announced the company is introducing a non-fungible token (NFT) marketplace on April 13. Line detailed on Wednesday that the market will be called “LINE NFT” and it will showcase “more than 100 types of NFTs.” Japan’s Line … Read more