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Only authorized cryptocurrency companies will be permitted to provide Uzbek citizens crypto trading services beginning in January 2023. The Uzbek authorities have begun giving regulatory approvals to local cryptocurrency service providers as they get ready to implement a new cryptocurrency framework in 2023. According to an announcement made public on

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

According to CEO Changpeng "CZ" Zhao, Binance created a $1 billion or more recovery fund to buy distressed crypto assets. We can allocate more, CZ added, according to the news source, if that isn't enough. Following the demise of FTX and its CEO Sam Bankman-Fried, CZ has emerged as a

Although VC funding is still falling, Uniswap bucks the trend by raising $165 million in a Series B round. Venture capital investments in blockchain fell dramatically in October compared to the prior month. Inflows of venture money into the blockchain industry fell significantly from September to October. Individual deals decreased

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,

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

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,

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

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

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