CryptoLand

#lastnews

?️BlackRock launches its blockchain ETF in Europe

?️Meta has integrated NFT support for US users on Facebook and Instagram

?️The UAE Ministry of Economy will open its own representative office in the metaverse

?️CFTC chief: Bitcoin price could double if market is regulated by CFTC

?️SWIFT and Chainlink will work together on a cross-chain blockchain interoperability protocol

?️Circle, the USDC stablecoin issuer, will launch its own cross-chain protocol to make USDC interoperable across different blockchains

?️The European Union may impose a limit on the volume of transactions in stablecoins with collateral other than EUR - they propose to introduce a daily limit of 200 million euros

?️The President of Kazakhstan announced his readiness to develop the crypto industry in the country — Kazakhstan plans to become a leading player in the field of new digital technologies, the cryptocurrency ecosystem, as well as regulated and transparent mining

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2 yrs

⚡️ Citizenship in the Metaverse

Seongnam, the 12th most populous city in South Korea, recently announced that it will create a virtual replica of the city in the metaverse.

All residents will be able to access more municipal services after acquiring an NFT, which will become the equivalent of citizenship in the metaverse.

The construction process of the metaverse will be completed in April 2023. Preliminary citizenship can be obtained from May to June 2023.

The Korean government has allocated a total of 223 billion won ($117 million) to explore “an unexplored digital continent with endless potential.”