Japanese prime minister says DAOs and NFTs help support government’s ‘Cool Japan’ strategy

Fumio Kishida said there were “various possibilities for using Web3” in Japan and has previously supported blockchain-based initiatives for authorities using digital solutions.

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Conflux Network Ventures Into Hong Kong’s Friendly Market

The Hong Kong government asked Conflux Network co-founder and doctor Ming Wu to speak about the network’s potential role in the future of technological innovation enabled by Web3. Dr Ming Wu met with the directors and front desk personnel of several organizations to talk about the new “Policy Declaration on the Development of Hong Kong […]

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HK legislator’s firm to lure 1,000 Web3 start-ups over 3 years

G-Rocket is aiming to attract 1,000 Web3 start-ups to Hong Kong and will help them with banking, government services and office spaces.

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First Mover Asia: Bitcoin, Ether Hold as US Stocks Fall

Plus: Glenn Ardi of Coindesk Indonesia writes about Indonesia's vision of government permitting and controlling Web3 and DeFi by providing a government-sanctioned payment layer.

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Say Goodbye to Proprietary Tax Prep Software

Web3 tax help is a multi-billion dollar opportunity, and a way to plug the gap the government has around tax help and out-compete centralized companies like TurboTax.

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TRM Labs: a digital asset compliance firm revolutionizing Web3

TRM Labs provides blockchain intelligence to help financial institutions and government agencies identify and prevent fraud related to crypto. The platform is constantly looking for new ways to improve the efficiency and effectiveness of its financial system.  Over the past…

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Nifty News: GameStop NFT market goes live, Hong Kong’s NFT concept and more

The latest Web3 offering from GameStop sees the official launch of its NFT market, and the Hong Kong government is testing a proof-of-concept NFT at a convention.

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EOS Foundation Signs MoU with Busan City to Boost Blockchain Investments

The Busan Metropolitan City government has an MoU with several venture firms led by the EOS Network Foundation in a deal that will see millions of dollars invested in the city's web3 startups.

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Jack Dorsey Unveils New Decentralized Social Media To Checkmate Government Control

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The 2022 Hong Kong FinTech Week will See the City Government Clarify Its Crypto Position

The 2022 Hong Kong FinTech Week will center on Web3 and the metaverse. The city's government plans to release a crypto policy statement.

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Japanese Government to Include Metaverse and NFTs in Digital Transformation Plan

Fumio Kishida, Japan’s prime minister since 2021, has stated that the government will promote Web3 services, such as those involving nonfungible tokens, or NFTs, and the Metaverse. Fumio Kishida claims that as part of the Japanese government’s commitment to digital…

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South Korean Officials Working on ‘Metaverse Industry Promotion Law’

South Korean officials are working on a Metaverse Industry Promotion Law. The government has been taking multiple steps to establish a presence in the web3 sector. The post South Korean Officials Working on ‘Metaverse Industry Promotion Law’ appeared first on BeInCrypto.

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Regulating Web3: Aztec CEO Maps Out Future of Privacy After Tornado Cash Sanctions

Zac Williamson discussed what the future for Web3 privacy could look like in the wake of widely criticized U.S. government crypto sanctions. The post Regulating Web3: Aztec CEO Maps Out Future of Privacy After Tornado Cash Sanctions appeared first on BeInCrypto.

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Dubai metaverse strategy predicts 40,000 virtual jobs

The government in Dubai has set out an ambitious Metaverse strategy that will produce 40,000 virtual jobs and add $4 billion to the city’s GDP over the next half-decade. The country’s goal is to become one of the world’s top metaverse economies and a global hub for the metaverse community and Web3 innovation.

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Shanghai included blockchain, NFTs and Web3 in its 5-year plan

The municipal government pledged to support the enterprises that are discovering the nonfungible market.

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Saudi Arabia’s crypto ambition could influence sector talent pool – Swarm Markets’ Timo Lehes

Saudi Arabia, like many of its neighbors in the Middle East, is reportedly eyeing blockchain and cryptocurrency use and adoption across the country. According to one recent report, the Saudi government officials say the country is also ready to explore Web3.

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NFT Taskforce Asks Japanese Government to Consider Appointing Web3 Minister

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.

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UK Government on the verge of floating NFT project

As more countries realize the potential of NFTs, the metaverse, and Web3 as a tool for nation-building and wealth creation, there has been an uptick in governmental adoption of NFTs. The Sun never sets on NFTs The UK has had a tumultuous relationship with NFTs, and since the country began its journey to understand better […] The post UK Government on the verge of floating NFT project appeared first on NFT News Today.

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Chinese Internet Companies Crackdown on Crypto and NFT related activities

It seems like tech giants in China are preparing for a complete government crackdown on cryptocurrencies, Web3, NFTs, and related technologies. China’s Interesting Crypto History China is not a country known for being “open-minded” to new ideas; China is one of the most important markets globally.

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Colorado Government Taps 2,000 Hackers to Address Climate Change & Local Economy in ColoradoJam Software Building Competition

ETHDenver, the world’s largest annual Web3 software-building competition and blockchain technology educational event, announced its official collaboration with the Colorado Governor’s Office, Governor’s Office of Information Technology,...

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