The Bank of Japan (BOJ) is still testing a prospective digital yen despite Japan's uncertainties on whether to issue a central bank digital currency (CBDC) or not. According to a Nov. 23 article by the regional news agency Nikkei, the Japanese central bank has begun working with three megabanks and regional banks to execute a CBDC issuance trial. The pilot program aims to offer demonstration tests for the issuing of the digital yen, Japan's national digital currency, beginning in the spring of

Sports fan tokens are soaking in a new wave of excitement due to the FIFA World Cup 2022, which began on Sunday, despite the doom and gloom of the collapsed FTX crypto markets. Fan tokens for the national soccer teams of Portugal (POR) is up 50% during the previous week, according to FanMarketCap, a fan token price tracker. The native token of the Chiliz blockchain (CHZ), which powers the largest platform for creating tokens for sports fans, Socios.com, has increased by 11% too. However, all

ApeCoin DAO has unveiled its own white-label non-fungible token (NFT) marketplace. ApeCoin DAO is a community-led governing body made up of ApeCoin holders. The Bored Ape Yacht Club (BAYC)-affiliated APE ecosystem's Ethereum-based governance and utility token, ApeCoin, was introduced in March. The newly launched community marketplace has NFTs for sale from Yuga Labs-owned NFT collections including BAYC, Mutant Ape Yacht Club (MAYC), Bored Ape Kennel Club (BAKC), and Otherdeed for Otherside. It

Kenyan lawmakers are presently debating whether to proceed with a bill that would allow for the taxation of cryptocurrency, according to Business Daily. The Capital Markets (Amendment) Bill, 2022, will tax cryptocurrency exchanges, digital wallets, and transactions. When crypto investors in Kenya sell or use their cryptocurrency in a transaction, they must pay capital gains tax to the Kenya Revenue Authority. The law would also oblige investors to notify the Capital Markets Authority, the gover

There were numerous people who were skeptical of mobile gaming in the early day, but now it accounts for 60% of the market. Similar trends can be seen in crypto games. Mobile gaming has developed into a significant pillar of the interactive entertainment industry during the past ten years. Users from all across the world have gained access to smartphones, which has expanded their world of gaming. The introduction of blockchain technology is currently bringing in a paradigm change by giving play

Major potential supporter Binance declined to make the investment after cryptocurrency lending firm Genesis suspended client redemptions and stated it would look for a $1 billion emergency funding loan. Due to potential "conflicts of interest" with the Genesis business model, Binance decided to pass the opportunity to invest in the startup. Genesis then reduced its rate and cut its fundraising expectations in half to $500 million. Genesis also approached Apollo Global Management for a financia

The Monetary Authority of Singapore (MAS) defended its stance on Binance.com and the collapsed cryptocurrency exchange FTX, following complaints about the unequal treatment of the two companies since the regulator had earlier warned the public about Binance.com. Previously, Binance took actions to show that it has ceased soliciting and offering services to Singapore consumers, such as geo-blocking Singapore IP addresses or removing its app from Singapore app stores. MAS said: “Should Binance d

Ethereum Climate Platform (ECP) will invest in climate projects that promise and have potential to mitigate Ethereum’s historic emissions.

Sorare is a NFT fantasy sports game. In Sorare, players can control a virtual team, buy, sell, trade and use  digital player cards in the form of Non-Fungible Tokens (NFTs). Sorare raised $680 million in a Series B investment deal in September 2021, which was coordinated by SoftBank's vision fund team. The corporation is currently valued at $4.3 billion. The French startup was in a battle with the French National Gambling Authority (ANJ), which believed that the NFT fantasy game should be class

Since leaving The Walt Disney Company, Bob Iger has served as a board member and advisor for Genies, a platform for creating digital avatars. Bob Iger, a supporter of the metaverse, has unexpectedly announced his return to his previous position as CEO of Disney, taking over from now- Bob Chapek, a former CEO. Iger is best known for his 15 years as the CEO of the global entertainment company, but the Disney executive also gained notoriety in the cryptocurrency world after joining the board of di