The emergence of metaverse casinos is ushering in immersive gaming experiences. Powered by blockchain technology and enhanced by Augmented Reality (AR) and Virtual Reality (VR), metaverse casinos are changing how people engage with casino games, blending the virtual and real
Harvard legal scholar Christine Kim called on governments to immediately tax all income and wealth made in the metaverse, even unrealized gains. In a new research paper, Kim argues that failure to do so would turn the metaverse into a
Companies in Africa are establishing their presence in the metaverse’s real estate market through a platform that Africarare is developing. The platform is now expected to have over a billion users. The metaverse platform named Ubuntuland houses what has been
The U.S. Securities and Exchange Commission (SEC) has delivered its verdict on what is and is not a security, and the financial governing body has ruled that if it’s a cryptocurrency that’s not called Bitcoin – it’s a security. The
The recent move by the Russian Federal Assembly, notably the State Duma, propelling the digital ruble bill into law is an undeniable step toward a digital financial revolution. The bill passed through the lower chamber successfully, and now, with President
A recent report by CoinMarketCap has ranked Floki Inu as the “most viewed” metaverse coin by some margin. According to the price-tracking website, Floki Inu (FLOKI) accounts for 39.58% of all views related to the metaverse. The next most popular
In a new revelation that contradicts circulating rumors, Tesla has reportedly edited out Bitcoin (BTC) references from the source code of its payment page while leaving intact references to Dogecoin. Chinese reporter Colin Wu, acclaimed for his insight into the
SEC has begun its extensive investigation into companies dealing in digital assets by filing a lawsuit to freeze the assets of Binance.US and suing Coinbase in the process. The two recent enforcement actions show the seriousness of the SEC in
The Open Metaverse Alliance (OMA3), a group of top metaverse companies, is spearheading the development of standards for a metaverse that is community–owned, decentralized, and usable across different platforms, according to a recent announcement. Based in the Swiss technology hub
The UK has now passed into law the Financial Services and Markets Bill, which recognizes trading of cryptos and stablecoin as well as its safe adoption. The new law got a Royal Assent from King Charles 111 on June 29,
The metaverse might not be gaining traction as much as was anticipated when the concept was introduced, but the technology has been implemented across sectors including education where some US universities are warming to virtual classes. Proponents of virtual learning
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