A new survey reveals that people want to get rewarded in crypto for exercising in the Metaverse
Estonian Crypto Licenses News
by Deyvid Stoyanov
1y ago
According to a new survey, over 80% of those polled would be inspired to increase their physical activity if they were compensated in bitcoin for their efforts. FitRated, a fitness website, polled 1,001 Americans to find out what they felt about blockchain-related fitness technologies. According to the poll, 40% of respondents would be prepared to quit their existing physical gym membership in exchange for one in the Metaverse. If bitcoin payments were encouraged, 81 percent of respondents would be more inclined to keep active. Money alone would not be enough to drive individuals to go to the ..read more
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Shopify merchants can now use Crypto.com Pay
Estonian Crypto Licenses News
by Deyvid Stoyanov
1y ago
CryptoCom has announced that Shopify merchants will be able to use their payment system, CryptoCom Pay, on their websites. In an official blog post, the crypto trading platform noted that the recent move should help the e-commerce giant extend its reach by allowing users to acquire cryptocurrency in various ways. CryptoCom will enhance its merchant reach due to the integration, while Shopify merchants will get access to a new group of consumers who choose to pay in crypto-assets. To encourage Shopify businesses to join up for CryptoCom Pay, the crypto platform has announced that the 0.5 percen ..read more
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South Korea will introduce a crypto regulatory framework in 2023
Estonian Crypto Licenses News
by Deyvid Stoyanov
1y ago
In 2023, the administration of Yoon Seok-youl is expected to implement crypto-friendly laws. According to reports, South Korea’s new administration will complete the legal framework for the local digital asset ecosystem next year and implement it in 2024. The bill aims to integrate cryptocurrencies such as bitcoin into the country’s institutional framework. Furthermore, the authorities have given their blessing to the Bank of Korea’s plans to start a CBDC in 2023. The government of Yoon Seok-youl addressed the cryptocurrency business within two months after his victory in South Korea’s preside ..read more
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The Crypto Regulator in Dubai enters the Metaverse
Estonian Crypto Licenses News
by Deyvid Stoyanov
1y ago
The Dubai government is making no compromises in its attempts to foster the growth of the local crypto business and its attraction to crypto admirers. The Dubai Virtual Assets Regulatory Authority (VARA) announced on May 3 that it has purchased a plot of property in The Sandbox metaverse for the establishment of virtual headquarters. VARA intends to guarantee that the regulator is available to its sector in their environment and to enhance collaborative engagement between global Virtual Asset Service Providers (VASPs), Industry Thought-Leaders, and International Regulatory Authorities as the ..read more
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